How were farmers taken advantage of in the Gilded Age?
As agriculture became less rewarding, more and more farm owners lost their farms when they could not repay bank loans and their mortgages were foreclosed on or they could not pay their tax liabilities and their farms were auctioned off as a result.
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Overview. Land, mining, and improved transportation by rail brought settlers to the American West during the Gilded Age. New agricultural machinery allowed farmers to increase crop yields with less labor, but falling prices and rising expenses left them in debt.