• Target Test Prep
    5-Day Free Trial
    5-day free, full-access trial TTP Quant

    Available with Beat the GMAT members only code

    MORE DETAILS
    Target Test Prep
  • EMPOWERgmat Slider
    1 Hour Free
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    EMPOWERgmat Slider
  • e-gmat Exclusive Offer
    Get 300+ Practice Questions
    25 Video lessons and 6 Webinars for FREE

    Available with Beat the GMAT members only code

    MORE DETAILS
    e-gmat Exclusive Offer
  • Magoosh
    Magoosh
    Study with Magoosh GMAT prep

    Available with Beat the GMAT members only code

    MORE DETAILS
    Magoosh
  • Veritas Prep
    Free Veritas GMAT Class
    Experience Lesson 1 Live Free

    Available with Beat the GMAT members only code

    MORE DETAILS
    Veritas Prep
  • Kaplan Test Prep
    Free Practice Test & Review
    How would you score if you took the GMAT

    Available with Beat the GMAT members only code

    MORE DETAILS
    Kaplan Test Prep
  • Varsity Tutors
    Award-winning private GMAT tutoring
    Register now and save up to $200

    Available with Beat the GMAT members only code

    MORE DETAILS
    Varsity Tutors
  • Economist Test Prep
    Free Trial & Practice Exam
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    Economist Test Prep
  • PrepScholar GMAT
    5 Day FREE Trial
    Study Smarter, Not Harder

    Available with Beat the GMAT members only code

    MORE DETAILS
    PrepScholar GMAT

GMAT Prep Passage 01 | Question # 3

This topic has 1 member reply
richachampion Legendary Member
Joined
21 Jul 2015
Posted:
678 messages
Followed by:
24 members
Thanked:
31 times
Test Date:
∞ →
Target GMAT Score:
760
GMAT Score:
740

GMAT Prep Passage 01 | Question # 3

Post Sun Oct 09, 2016 11:32 pm
Elapsed Time: 00:00
  • Lap #[LAPCOUNT] ([LAPTIME])
    Planter-legislators of the post-Civil War southern United States enacted crop lien laws stipulating that those who advanced cash or supplies necessary to plant a crop would receive, as security, a claim, or lien, on the crop produced. In doing so, planters, most of whom were former slaveholders, sought access to credit from merchants and control over nominally free laborers--former slaves freed by the victory of the northern Union over the southern Confederacy in the United States Civil War. They hoped to reassure merchants that despite the emancipation of the slaves, planters would produce crops and pay debts. Planters planned to use their supply credit to control their workers, former slaves who were without money to rent land or buy supplies. Planters imagined continuation of the pre-Civil War economic hierarchy: merchants supplying landlords, landlords supplying laborers, and laborers producing crops from which their scant wages and planters' profits would come, allowing planters to repay advances. Lien laws frequently had unintended consequences, however, thwarting the planter fantasy of mastery without slavery. The newly freed workers, seeking to become self-employed tenant farmers rather than wage laborers, made direct arrangements with merchants for supplies. Lien laws, the centerpiece of a system designed to create a dependent labor force, became the means for workers, with alternative means of supply advances, to escape that dependence.

    3. The passage suggests which of the following about merchants in the post-Civil War southern United States?
    A. They sought to preserve pre-Civil War social conditions.
    B. Their numbers in the legislatures had been diminished.
    C. Their businesses had suffered from a loss of collateral.
    D. They were willing to make business arrangements with former slaves.
    E. Their profits had declined because planters defaulted on debts for supply advances.

    OA: D

    All questions from this passage -
    GMAT Prep Passage 01 |Quetsion #1
    GMAT Prep Passage 01 |Quetsion #2
    GMAT Prep Passage 01 |Quetsion #3

    _________________
    R I C H A,
    My GMAT Journey: 470 → 720 → 740
    Target Score: 760+
    richacrunch2@gmail.com
    1. Press thanks if you like my solution.
    2. Contact me if you are not improving. (No Free Lunch!)

    Need free GMAT or MBA advice from an expert? Register for Beat The GMAT now and post your question in these forums!
    richachampion Legendary Member
    Joined
    21 Jul 2015
    Posted:
    678 messages
    Followed by:
    24 members
    Thanked:
    31 times
    Test Date:
    ∞ →
    Target GMAT Score:
    760
    GMAT Score:
    740
    Post Mon Oct 10, 2016 12:29 am
    This looks like a detailed question. Experts please verify this question will be categorized in which category?

    3. The passage suggests which of the following about merchants in the post-Civil War southern United States?

    Quote:
    A. They sought to preserve pre-Civil War social conditions.
    They were not involved in creating such strategies or influence the society.


    Quote:
    B. Their numbers in the legislatures had been diminished.
    I couldn't find this in the passage.

    Quote:
    C. Their businesses had suffered from a loss of collateral.
    Again Completely OFS

    Quote:
    D. They were willing to make business arrangements with former slaves.
    Credited Response.
    Quote:
    E. Their profits had declined because planters defaulted on debts for supply advances.
    Again Completely OFS


    OA: D

    _________________
    R I C H A,
    My GMAT Journey: 470 → 720 → 740
    Target Score: 760+
    richacrunch2@gmail.com
    1. Press thanks if you like my solution.
    2. Contact me if you are not improving. (No Free Lunch!)

    Best Conversation Starters

    1 Vincen 180 topics
    2 lheiannie07 61 topics
    3 Roland2rule 54 topics
    4 ardz24 44 topics
    5 VJesus12 14 topics
    See More Top Beat The GMAT Members...

    Most Active Experts

    1 image description Brent@GMATPrepNow

    GMAT Prep Now Teacher

    155 posts
    2 image description Rich.C@EMPOWERgma...

    EMPOWERgmat

    105 posts
    3 image description GMATGuruNY

    The Princeton Review Teacher

    101 posts
    4 image description Jay@ManhattanReview

    Manhattan Review

    82 posts
    5 image description Matt@VeritasPrep

    Veritas Prep

    80 posts
    See More Top Beat The GMAT Experts