Farming Simulation 1872-1874. Farming Families. Homesteader -farmer who received free land if you live the land for 3 years Tenant Farmer -(RENTS) resides on and farms land owned by a landlord Sharecropper -tenant farmer who gives a share of the crops raised to the landlord in lieu of rent .
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Homesteader-farmer who received free land if you live the land for 3 years
Tenant Farmer-(RENTS) resides on and farms land owned by a landlord
Sharecropper-tenant farmer who gives a share of the crops raised to the landlord in lieu of rent.
Each “FAMILY” has $1500 to cover various expenses on a 160 Acre Farm
-As a “FAMILY,” you will decide the number of acres to plant particular crops and/or which livestock to raise for the first year
***BOTH IN UNITS OF 10 (MULTIPLE TIMES 10)
Ex: 16 Acres of Barley times $2 (add Zero)- $320
7 Cattle times $10 (add Zero)- $700
-At the end of each year, I will present the Investment return for each crop or livestock
2. Given the prevalence (frequency) of growing debt, how does the family survive?
3. How could the farm cut its costs?
4. How could the farm family raise additional income?