THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
decreased debt burden
|
|
|
a long rainy season
|
|
|
falling prices for crops and livestock
|
|
|
increased demand for the agricultural products
|
Detailed explanation-1: -Many attributed their problems to discriminatory railroad rates, monopoly prices charged for farm machinery and fertilizer, an oppressively high tariff, an unfair tax structure, an inflexible banking system, political corruption, corporations that bought up huge tracks of land.
Detailed explanation-2: -Five general types of risk are described here: production risk, price or market risk, financial risk, institutional risk, and human or personal risk.
Detailed explanation-3: -Bad weather, bacteria, diseases, pests, birds, and rats. What can farmers do to protect their crops? Utilize insecticides and pesticides to keep insects from damaging their crops, keeping the farm area clean to prevent rat infestations, and regularly checking on their crops.