THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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During the Great Depression in the rural United States,
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the farm economy could not keep up with consumer demand
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farmers enjoyed several unusually fertile growing seasons
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farm income dropped by twenty-five percent
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one-third of all farmers lost their land
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economic conditions were slightly better than in industrial cities
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Explanation:
Detailed explanation-1: -Nevertheless, some 750, 000 farms were lost between 1930 and 1935 through bankruptcy and foreclosure.
Detailed explanation-2: -In the early 1930s prices dropped so low that many farmers went bankrupt and lost their farms. In some cases, the price of a bushel of corn fell to just eight or ten cents. Some farm families began burning corn rather than coal in their stoves because corn was cheaper.
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