Which of the following farming practices contributed to the economic downturn? Select the two correct
answers.
A. Many farmers mortgaged their farms to buy more land.
B. Many farmers sold their land and farming equipment.
C. Many farmers charged high prices for their crops.
D. Many farmers borrowed money against the profits of future crops.
E. Many farmers took advantage of generous government policies.

These farming practices were very bad practices that lead to economic downturns because it resulted mostly to drastic reduction of agricultural produce and availability of food in the open market which might lead to importation of food that would have been produced locally and add to the country's GDP.

Farmers selling off their Land and Farming equipment is not a good farming practice because it means that the farmer is no longer into farming leading to decrease in potential agricultural produce in the market.

Farmers borrowing money against the profits of his future crops is a very bad farming practice because the profits were supposed to be used to invest into the farm and not to service loans.

adefunkeadewole adefunkeadewole · Answer 2 · 2022-01-21T12:44:06+01:00

Economic downturn

Economic downturn is the prolonged slowdown in economic activities which is as a result of rising unemployment, increasing house prices, low consumer confidence and declining investment.

Factors of economic downturn

Factors which lead to economic downturn in farming are

Volatile Prices in Agricultural markets.
Farmer deviation from agriculture

Low income for farmers.

Environmental costs of intensive farming.

Modernization in farming practices.

According to the question the correct option is that many farmers sold their land and farming equipment.

Learn more about economic downturn at https://brainly.com/question/7201254