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
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GMAT Prep Passage 01 |Quetsion #1
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3. The passage suggests which of the following about merchants in the post-Civil War southern United States?
OA: D
3. The passage suggests which of the following about merchants in the post-Civil War southern United States?
They were not involved in creating such strategies or influence the society.A. They sought to preserve pre-Civil War social conditions.
I couldn't find this in the passage.B. Their numbers in the legislatures had been diminished.
Again Completely OFSC. Their businesses had suffered from a loss of collateral.
Credited Response.D. They were willing to make business arrangements with former slaves.
Again Completely OFSE. Their profits had declined because planters defaulted on debts for supply advances.
OA: D
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2. Contact me if you are not improving. (No Free Lunch!)