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Was the farm credit act a success?

In: Personal Finance, Money Management, Credit [Edit categories]

Answer:

it was successful in some ways, but not in other ways. it got a lot of farmers so they could have their farms, and not get them foreclosured, but in the long term, it made it so that the banks couldn't earn money but lending it to bigger bisunesses. in short, it helped short term, but not so much longterm.

First answer by ID3447462940. Last edit by ID3447462940. Question popularity: 1 [recommend question].

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