USA HISTORY

THE GREAT DEPRESSION 1929 1940

THE GREAT DEPRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ was when Farmers produced too much crop and could not sell it all.
A
Agricultural Surplus
B
Depressed Agricultural Production
C
Farm Over Procution
D
Food Overload
Explanation: 

Detailed explanation-1: -Agriculture contributes to a number larger of environmental issues that cause environmental degradation including: climate change, deforestation, biodiversity loss, dead zones, genetic engineering, irrigation problems, pollutants, soil degradation, and waste.

Detailed explanation-2: -Between 1928 and 1934, wheat prices in India fell by 50 per cent. Peasants and farmers suffered more than urban dwellers. Though agricultural prices fell sharply, the colonial government refused to reduce revenue demands. Peasants producing for the world market were the worst hit.

Detailed explanation-3: -With the war’s end, the government no longer guaranteed farm prices, and they fell to prewar levels. Farmers who had borrowed money to expand during the boom couldn’t pay their debts. As farms became less valuable, land prices fell, too, and farms were often worth less than their owners owed to the bank.

Detailed explanation-4: -Farms could not sell their harvests, households were ruined, and businesses collapsed.

There is 1 question to complete.