posted by esai on .
what was a negative impact of "bonanza" farms
The large farms cut family farms out of the market. Smaller farms would have trouble making a profit because they had less labor and less land. The 'factory style' farming made it difficult for small companies to compete with their lower prices (think about it as the relationship between Walmart and general stores). Eventually, however, it turned out that the smaller farms were able to handle drought and other 'disasters' better which led to the decline of the bonanza farms.
Hope that helps!
Anonymous, please tell what your source is.