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69
What were the 2 problems facing farmers from 1864 to 1896?
1. Despite rising output, income growth slows
2. Adverse Terms of Trade (farmers had to produce 16% more output to maintain constant real income)
2. Adverse Terms of Trade (farmers had to produce 16% more output to maintain constant real income)
Karteninfo:
Autor: savhighsmith
Oberthema: Business Economics
Thema: History of Economics
Schule / Uni: UGA
Ort: Athens
Veröffentlicht: 15.09.2010