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"During the Roaring 20s there was a farm depression. Farmers produced more food for WWI, but when the war ended there was less need for the goods. Prices of farm products fell 40%. The farm depression led up to the Great Depression. When the farmers went broke, they could not pay their mortgages. They had to rent farms and move. Banks also started to go bankrupt during the 1920s. The banks went broke because the farmers were not doing well. About 550 banks went broke in a year because of the farm failures."

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Q: What was the farm depression of the 1920's?
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Related questions

What happened to farmers during the 1920s foreshadow events of the Great Depression?

The farm prices fell and farmers compensated by boosting their productions. They were not able to purchase their share of America's output.


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the dust bowl and they were not able to purchase their share in americas output.


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