The farmers bought more land during WW1 to make a profit from the starving people of Europe. After the war the US was thriving and charged high taxes to foreign companies, ensuring that US companies had no foreign competitors. Unfortunately, this made Europe boycott US exports, leaving the farmers producing too much with not as many people to sell it to, which wasn't helped by the US's falling population. Then more efficient Canadian wheat growers sold wheat at a better deal than US farmers. Finally, the farmers bought machinery on a loan basis; as they overproduced and demand went down, they had to sell food at a minimum price to still pay loans. This failed and many lost their farms as a result.
Not all farmers lost land; specialist farmers succeeded by selling fresh fruit and vegetables, such as lettuce, to the rich.
Failing crop prices and large amounts of debt
Failing crop prices and large amounts of debt
Failing crop prices and large amounts of debt
Drought, Dustbowl, Great depression (meaning less selling and less money to purchase equipment.)
Job opportunities
One of the major problems facing farmers in the 1920's was overproduction. Farmers were heavily in debt to pay for new, expensive machinery and began growing more produce in an attempt to cover their debts. Sales of agricultural goods saw a decline in the 1920's leaving the farmers with high debts and decreased sales.
In both periods of time, farmers encountered a lot of problems regarding pests and parasites. They also had to put up with a rise in unknown crop diseases.
Failing crop prices and large amounts of debt
Failing crop prices and large amounts of debt
Failing crop prices and large amounts of debt
During the 1920s the farmers' debts increased as a result of the crash of the stock markets. This is the period in history which was known as the Great Depression.
Demands for crops fell as farmers debt rose.
Demand for crops fell as farmers' debts rose.
Demand for crops fell as farmers' debts rose.
Demand for crops fell as farmers' debts rose.
Drought, Dustbowl, Great depression (meaning less selling and less money to purchase equipment.)
industrialization(: