What labor system developed after the Civil War and left white and black farmers impoverished?

The labor system that developed after the Civil War and left both white and black farmers impoverished was known as sharecropping. Under this system, landowners provided land, tools, and seeds to farmers who, in turn, paid a share of the crop to the landowner as rent. This often resulted in a cycle of debt and economic dependency, as sharecroppers frequently found themselves unable to escape their financial obligations, leading to persistent poverty. The system effectively perpetuated economic inequality and reinforced the racial and class divisions in the South.