answersLogoWhite

0

The overexpansion of agricultural production led to a surplus of crops, causing prices to plummet as supply outstripped demand. Farmers, facing declining income, struggled to pay off debts and maintain their operations, which resulted in widespread economic distress in rural areas. This agricultural depression contributed to broader economic downturns, as reduced purchasing power among farmers affected related industries and overall consumer spending. Consequently, the agricultural sector's struggles became a significant factor in triggering larger economic depressions.

User Avatar

AnswerBot

2w ago

What else can I help you with?

Related Questions

A significant cause of the deppression that began in 1929 was that?

some banking policies were unsound and had led to the overexpansion of credit


Which response to the stock market crash of 1929 helped cause the great depression?

production decreased


How did automation cause the Great Depression?

What did the Great Depression effect? What was the effect of the Great Depression?


Can Hypocalcemia cause depression?

Hypocalcemia can cause depression


How did over-production cause the Great Depression?

Over production was just one of the many causes of the Great Depression. Industry and factories increased manufacturing and agricultural output, but wages did not keep pace for the consumers to purchase all that was produced or grown. Hence, inventories increased and agricultural income remained low. As inventories continued to grow, and as consumers did not spend, business began to cut back on production and workers were laid off. Since laid off workers could not spend money, over production produced a ripple effect throughout the economy.


Does music cause depression?

Music can't actually cause depression, seeing as depression is a medical disease, but it can cause a person to BE depressed.


Can depression cause a stroke?

Depression is a risk factor for stroke but depression does not cause stroke per se.


Can qustioning sexuality cause depression?

Many things can be the cause of depression. Questioning your own sexuality or the sexuality of someone close to you can cause depression also.


Who studies the cause of manic depression?

Research psychologists study the cause of manic depression.


Can depression cause delusions?

Depression can very well cause delusions. But when this happens, it no longer is depression. If your seeing things out of the ordinary your depression could have turned into something much more serious like, physcotic depression.


Can depression cause brief psychosis?

Stress can cause Brief Reactive Psychosis, and it can cause Depression as well. so perhaps it can indirectly.


What was the main cause of the main cause of the great depression?

The main cause to the start of the great depression was the Wall Street Crash in 1929.