In the late 1800s, the crop prices falling in South Carolina and indebtedness to money lenders led many South Carolina farmers to A lose ownership of their land.
In the late 1800s, slavery had been abolished and the crop prices were falling as a result of there being a surplus of farm produce in the market. As a result, South Carolina farmers were not making back their costs.
This led to indebtedness to money lenders because these farmers had borrowed to produce more and now could not pay back. The result of this was that they lost ownership of their land because the money lenders took their land as compensation.
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