farming simulation 1872-1874. farming families homesteader-farmer who received free land if you live...
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Farming FamiliesHomesteader-farmer who received
free land if you live the land for 3 years
Tenant Farmer-(RENTS) resides on and farms land owned by a landlord
Sharecropper-tenant farmer who gives a share of the crops raised to the landlord in lieu of rent.
DirectionsEach “FAMILY” has $1500 to cover various expenses on
a 160 Acre Farm-As a “FAMILY,” you will decide the number of acres to plant particular crops and/or which livestock to raise for the first year***BOTH IN UNITS OF 10 (MULTIPLE TIMES 10)
Ex: 16 Acres of Barley times $2 (add Zero)- $3207 Cattle times $10 (add Zero)- $700
-At the end of each year, I will present the Investment return for each crop or livestock
Discussion Questions1. You started with $1500 in capital in 1872. After
three years, has your capital increased or declined?
2. Provide evidence to the simple claim:1. Farming is difficult…
2. Given the prevalence (frequency) of growing debt, how does the family survive?
3. How could the farm cut its costs?4. How could the farm family raise additional
income?
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