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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contrasting earlier farming conditions with the ones that arose during the Great Depression
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describing the difficulties farmers faced and the government’s efforts to help
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highlighting the impact technology had on farming techniques and workers
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summarizing the events of the Great Depression that affected the farming industry
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Detailed explanation-1: -Those farmers that agreed to limit production were paid a subsidy. Most farmers signed up eagerly and soon government checks were flowing into rural mail boxes where the money could help pay bank debts or tax payments.
Detailed explanation-2: -People living in the city couldn’t afford farm products. The declining demand for farm products led to prices to drop. Farmers ended up having to much product. As people in the city were starving, some farmers had to let crops rot in the fields and some had to slaughter livestock because they couldn’t afford to feed.
Detailed explanation-3: -As international prices crashed, prices in India also plunged. 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.