During the 1920s, agricultural overproduction and falling farm prices were primarily driven by advancements in farming technology, which increased crop yields, and the expansion of farmland due to post-World War I demand. Additionally, the economic boom and industrialization led to a shift in consumer preferences away from agricultural products. Coupled with international competition and a decline in export markets, these factors resulted in a surplus of crops, causing prices to plummet and financial distress for farmers.
One factor that did not lead to economic growth in the 1950s was the decline in agricultural employment. As industrialization advanced and urbanization increased, many workers moved from farms to cities, which, while contributing to industrial growth, also resulted in a reduction in rural economic activity. Additionally, the focus on manufacturing and consumer goods overshadowed the agricultural sector, limiting its contributions to overall economic expansion during that decade.
Is it about the oil prices.
according to this law, if more and more units of a variable factor are employed with the fixed factor the total physical product(which the same as the total product) increases at a decreasing rate in the beginning, then increases at a diminishing rate and finally starts falling. assumption of the law: 1. state of technology remains constant. 2. its the short hand phenomenon. 3. distinction between fixed factor and variable factor. 4. all units of the variable are homogeneous.
all the answers are correct
There are many economic factors that influence the demand and supply of agricultural inputs, although the main ones are, when price goes up demand goes down, when the price of one product rises this in turn increases demand for other products. The weather also plays a major part in this.
Overproduction
Without specific data or context from the chart, it's challenging to pinpoint the exact factor that caused the farm problem. However, common issues often include agricultural overproduction leading to falling prices, rising input costs, or shifts in consumer demand. Economic policies, trade practices, or environmental factors may also significantly impact farm viability. Analyzing the chart’s data would provide clarity on the primary factor at play.
the south had fertile soil and a warm climate
the south had fertile soil and a warm climate
Agricultural production was a contributing factor to start the Industrial Revolution.
Air temperature.
It was the main factor that made it happen, but there was many other reasons. Such as overproduction, unequal distribution of income, loss of export market ect.
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surpluses in farm production
Can't help Falling in Love.
Dannii Minogue had the boys during the X Factor 2010.
There are several factors that can improve the economy. The biggest factor that can improve and economy is a low unemployment factor. When unemployment is falling the economy usually improves.