0
In the 70's there had been e tremendous raise in grain exports to the Soviet Union, resulting in a steady rise in grain prices, which had led to banks readily offering loans at low interest rates and to farmers investing heavily and getting heavily into debt.
All this investment however led to overproduction and consequently to a drop in grain prices and then, to a drop in land values. At the same time, interest rates went up, adding to the farmer's costs while revenues went down.
On top of that, as a reaction to Russia's invasion of Afganistan the US President instituted a grain embargo to the Soviet Union. That meant that a major market for US grain disappeared overnight. The Russians started buying their grain elsewhere, meaning that even after the embargo was lifted US farmers could not realize anything like their former export volumes or prices.
What else can I help you with?
What factors led to the nations recovery from the recession of the early 1980s?
Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.
Which was a contributing factor to the farming crisis of the 1980s?
A decrease in demand led to farmers not being able to pay back their substantial loans.
Which of the following was a contributing factor to the farming crisis of the 1980s?
A decrease in demand led to farmers not being able to pay back their substantial loans
What factors led to the nation's recovery from the recession of the early 1980's?
Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.
A contributing factor to the farming crisis of the 1980s?
A significant contributing factor to the farming crisis of the 1980s was the sharp decline in commodity prices, which followed a period of high prices in the late 1970s. This price drop, combined with rising interest rates and increased production costs, led many farmers to struggle with debt and reduced income. Additionally, changes in government policies and international trade dynamics further exacerbated the financial challenges faced by the agricultural sector during this period.
What happened during the 1980s and 1990s?
During the 1980s and the 1990s, there was a savings and loans crisis in the United States and grunge and techno music made an appearance. There was also a word debt crisis at this time.
What happen during 1980s and 1990s?
During the 1980s and the 1990s, there was a savings and loans crisis in the United States and grunge and techno music made an appearance. There was also a word debt crisis at this time.
Is the episode Identity Crisis of ANT Farm on Netflix?
no
What factor led to the nations recovery from the recession of the 1980s?
Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.
What causes demand for farm products to decrease in the 1980s?
The Countywide Recession
What factors led to the nation's recovery from the recession of the early 1980s?
Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.
What factors led to the nations recovery from the recession of the early 1980s?
Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.
What were the major issues of the campaign for gay rights in the 1980s?
The most prominent issue, was the HIV/AIDS crisis.
What are the release dates for A-N-T- Farm - 2011 FinANTial Crisis 3-13?
A-N-T- Farm - 2011 FinANTial Crisis 3-13 was released on: USA: 15 November 2013
What primarily resulted from the late 1980s savings and loan crisis?
Deregulation in a high interest rate enviorment. good answer!
What was one cause of the savings and loan crisis in the 1980s?
The Savings and Loans industry made many risky loans in the early 1980s. Losses on bad loans forced many banks out of business.
What was the outcome of the savings and loan crisis?
Savings and loan associations' losses mounted after the stock market began to tumble in the late 1980s.
