Gains in farm productivity during the 20th century often led to overproduction, driving down crop prices and squeezing farmers' profit margins. As larger agribusinesses capitalized on economies of scale, many small and mid-sized farms struggled to compete, leading to a loss of livelihood for some farmers. Additionally, increased reliance on technology and chemicals created financial burdens and environmental challenges, further complicating the farming landscape. Ultimately, while productivity rose, the economic pressures and market volatility made farming increasingly challenging for many.
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