Farm owners faced many problems firstly because of the war exports were increased but as soon as the war ended countries stopped importing from the US and there was overproduction. The US decreased the prices on crops so people would buy more of them but since it could not all be bought and eaten, overproduction remained.
American agriculture was facing competition from Argentina and Canada, some countries stopped buying from them or reduced their imports from America. Another reason that the Europeans didn’t buy the American products was the high tariffs America had placed. The prices went down so people would buy crops, but the farmers didn’t earn much thus they started producing even more crops and this also contributed to overproduction.
When the farmers didn’t earn much, they started taking loans in order to provide for themselves and when those loans couldn’t be paid back many farms were seized by the banks. This lead to a lot of unemployment and directly led to poverty and homelessness.
During the 1920s the farmers' debts increased as a result of the crash of the stock markets. This is the period in history which was known as the Great Depression.
In both periods of time, farmers encountered a lot of problems regarding pests and parasites. They also had to put up with a rise in unknown crop diseases.
Demands for crops fell as farmers debt rose.
Demand for crops fell as farmers' debts rose.
Demand for crops fell as farmers' debts rose.
During the 1920s the farmers' debts increased as a result of the crash of the stock markets. This is the period in history which was known as the Great Depression.
industrialization(:
Job opportunities
foreign competition
Drought, Dustbowl, Great depression (meaning less selling and less money to purchase equipment.)
Farmers overproduced farm crops.
Farmers overproduced farm crops.
In both periods of time, farmers encountered a lot of problems regarding pests and parasites. They also had to put up with a rise in unknown crop diseases.
the debts were erased because of the dsl tarrifs
it was mainly the 'Blacks', coal miners and farmers.
Industrialization indostrailisim Drought rising crop prices
Farmers overproduced farm crops.