Multiple Choice
Many African American sharecroppers became trapped in a vicious cycle of debt after the Civil War mainly because
A) southern banks charged blacks much higher interest rates than they charged whites.
B) they could not pay the high prices and interest that whites charged as the price of cotton declined in the 1870s.
C) state laws required blacks to pay for purchases by establishing credit lines that they could pay off only once annually.
D) federal banking laws included "usury" regulations that in fact allowed southern banks to cheat freedmen.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: Which of the following describes Lincoln's Ten
Q51: Which of the following became critical community
Q52: Some southerners used the term scalawags to
Q53: Which of the following statements characterizes the
Q54: Which of the following statements describes the
Q56: Why can the enactment of southern Black
Q57: In the Reconstruction South,the Ku Klux Klan
Q58: To what extent may it have been
Q59: Through which of the following practices did
Q60: Which of the following scenarios took place