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In the early 1900's many farmers were overproducing which meant they were flooding the economy with their goods. Farmers were then slowly decreasing the price of their goods so that the government had to intervene with groups such as The Agricultural Adjustment Act, which paid farmers not to farm. Agriculture was, back then, a major part of the economy.
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What were the results of the Civil War on southern society economy agriculture and political structure?
What were the results of the Civil War on southern society economy agriculture and political structure?" Even if you can't offer a complete answer, help us get things started.
Which describes how the economy of the South changed from 1870 to 1920?
Less agriculture, more industry
Southern colonies developed an economy based on what?
The South's economy was based on Farming. They used African American Slaves to do the work. There were few factories, unlike the North who had an industrial economy.
A problem for the economy of the new nation was that...?
wealthy loyalists had left america.
When was Council of Agriculture created?
Council of Agriculture was created in 1984.
What issue is not a problem for the Polish economy?
agriculture
Falling demand and rising debt were a problem for which sector for which of the economy?
agriculture
Falling demand rising debt were a problem for which sector of the economy in the 1920?
agriculture
Falling demand and rising debt were a problem for which sector of the economy in the 1920s?
agriculture
Was the economy of the Middle Colonies characterized by plantation agriculture?
The economy of the Middle Colonies was not characterized by plantation agriculture. The Southern Colonies had an economy based on plantation agriculture.
The weakest element in the economy during the 1920s was?
Overproduction
Was the roman economy based on agriculture or taxation?
Roman economy was mostly based on agriculture and trade
What is the role of agriculture in the Italian economy today?
The economy is going down. Agriculture is their number one import
What is the economy in Nebraska?
Agriculture.
Significance of agriculture in colonial economy?
Significance of agriculture in colonial economy was that it created food security and boosted trade
Why were industrial and agriculture surpluses a problem for us economy?
Industrial and agricultural surplusses were a problem for the US economy because if they couldn't get rid of or sell their product, the price of the products would collapse. They in turn lowered production to meet the real demand.
What is Iowa's economy based on?
Iowa's economy is based on Agriculture.
