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Sharecropping and the Cycle of Debt

SHARECROPPING & THE CYCLE OF DEBT. Sharecropping and the Cycle of Debt. Poor whites & freedmen have no jobs, homes, or $ to buy land. Sharecropper cannot leave farm as long as he is in debt to landlord. Poor whites & freedmen sign contracts to work landlord’s acreage for part of the crop.

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Sharecropping and the Cycle of Debt

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  1. SHARECROPPING&THE CYCLE OF DEBT Sharecropping and the Cycle of Debt Poor whites & freedmen have no jobs, homes, or $ to buy land Sharecropper cannot leave farm as long as he is in debt to landlord. Poor whites & freedmen sign contracts to work landlord’s acreage for part of the crop. At harvest, sharecropper owes more to landlord than his share of the crop is worth. Landlord keeps track of the $$ that sharecroppers owe for housing and food.

  2. Tenancy & the Crop Lien System

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