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Farmers were severely affected during the Dust Bowl as their crops were destroyed, leading to widespread crop failures and economic hardship. The soil erosion caused by the dust storms also damaged farmland and reduced agricultural productivity, forcing many farmers to abandon their land and livelihoods.
The steel plow had just been invented and it ripped through the top soil and grass. This made the earth and soil VERY loose. The dirt created the dust bowl, because all over farmers were buying the steel plows, they were less work. During the dust bowl dust and soil covered EVERYTHING in the south. The farmers couldn't hardly keep anything they planted alive because it would be covered in dirt. Dust storms killed alot of crop and covered not only crop but houses. So it affected farmers by killing crop. At lease if the farmers were in the south it did. They could not pay their loans or afford to buy basics.
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The formula for non-performing ratio (NPR) is the total amount of non-performing loans divided by the total amount of loans. It is used to measure the percentage of loans in a financial institution that are not being repaid as agreed. High NPR values may indicate a higher risk of financial instability for the institution.
Farmers were unable to grow crops because of a lack of fertile soil. There crops were their livelihood, as it was their main source of food and income. Also, the few crops they did have were eaten by swarms of rabbits which came down from the mountains due to a lack of food. Farmers would schedule days to go out and club tons of rabbits. Also, many people died of dust pneumonia, an infection caused by the vast amount of dirt particles in the air. They were constantly breathing in dust which would clog their lungs. There were many dust storms, almost like sand storms. The lack of plant life allowed the dirt to be blown away by the strong winds in the "bread basket" causing the dust bowl. Many farmers were forced to leave their homes in search of a better lifestyle.
They could not repay the loans or afford to buy basic necessities
loans and farmers
the government could adopt a graduated income tax,make loans to farmers,protect consumers from unsafe products,and form a monetary system plan
The Bank of the United States, particularly the Second Bank established in 1816, primarily focused on stabilizing the national currency and managing federal funds rather than directly facilitating loans to farmers. However, it did provide credit and financial services that indirectly benefited agriculture by supporting state banks, which could then extend loans to farmers. The federal government did implement various programs over the years to assist farmers, but these were not directly through the Bank of the United States.
Farmers faced loosing their land because of hardships in paying their loans.
Farmers faced loosing their land because of hardships in paying their loans.
government programs to create jobsstricter government control of banks and the stock marketsubsidies for farmers - paying farmers not to grow cropsgovernment loans for housing
Lower interest on bank loans
Farmers faced loosing their land because of hardships in paying their loans.
include operating loans to small family farmers who cannot get the credit needed to make improvements and adjustments needed for successful farming, recreation, and nonfarm enterprises.
Loans were made to farmers, homeowners, and exporters by New Deal measures.
Banks calling in loans they had made to farmers and businesses