From Wikipedia: Sharecropping

What came after slavery ...

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Croppers were assigned a plot of land to work, and in exchange owed the owner a share of the crop at the end of the season, usually one half. The owner provided the tools and farm animals. Farmers who owned their own mule and plow were at a higher stage, and were called tenant farmers: They paid the landowner less, usually only a third of each crop. In both cases, the farmer kept the produce of gardens.

The sharecropper purchased seed, tools, and fertilizer, as well as food and clothing, on credit from a local merchant, or sometimes from a plantation store. At harvest time, the cropper would harvest the whole crop and sell it to the merchant who had extended credit. Purchases and the landowner's share were deducted and the cropper kept the difference—or added to his debt.

Though the arrangement protected sharecroppers from the negative effects of a bad crop, many sharecroppers (both black and white) remained quite poor. Arrangements typically left a third of the crop to the sharecropper.

By the early 1930s, there were 5.5 million white tenants, sharecroppers, and mixed cropping/laborers in the United States; and 3 million blacks. In Tennessee, whites made up two thirds or more of the sharecroppers. In Mississippi, by 1900, 36% of all white farmers were tenants or sharecroppers, while 85% of black farmers were. In Georgia, fewer than 16,000 farms were operated by black owners in 1910, while, at the same time, African Americans managed 106,738 farms as tenants.