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buying the machinery necessary for vast results

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January 29th, 2018

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However, buying the machinery necessary for vast results in food production became a problem. Farmers had to risk everything in order to gather the money necessary to buy machinery. When farmers started to take out loans from the bank or use their farms as a collateral for a loan; agreements were set up between farmers and the banks that stated if the debt was not paid then the lender had the right to claim ownership over their land and farm (McArthur 26).

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