QUESTION IMAGE
Question
what was the primary struggle faced by american farmers in the late 1920s?
debt due to collapsing crop prices
automation replacing farming jobs
international pandemic and crop blight
In the late 1920s, American farmers faced a major issue of debt due to a significant drop in crop prices. After World War I, the demand for agricultural products decreased, leading to oversupply and lower prices. Farmers, who had taken loans to expand production during the war, struggled to pay off debts as their income plummeted. Automation replacing jobs was not the main problem then, and there was no major international pandemic or crop blight of that scale in the late - 1920s.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
debt due to collapsing crop prices