agriculture review
by aditya abhishek
The Great Depression had a profound impact on agriculture in the United States. Falling crop prices, drought, & overproduction caused many farmers to go bankrupt and lose their farms.
The agricultural sector was hit hard by the depression, with many farmers struggling to make ends meet. As the depression wore on, many farmers were unable to sell their crops at a profitable price.
This was due in part to a glut of agricultural products on the market, which led to a drop in prices. In addition to these challenges, many farmers were burdened by debt.
American farmers were also hit hard by the drought that affected much of the country during the 1930s. Without rain, crops withered & died, leaving many farmers without a source of income.
During the prosperous 1920s, many farmers had taken out loans to buy new equipment & expand their operations. When the depression hit, many farmers were unable to pay back these loans
The American government attempted to mitigate the impact of the depression on farmers through a series of programs and policies.
The Agricultural Adjustment Act (AAA), passed in 1933, paid farmers to reduce production in an effort to raise prices.
The Rural Electrification Administration, established in 1935, provided electricity to rural areas, which helped farmers modernize their operations.
Despite these efforts, the impact of the Great Depression on agriculture was severe and long-lasting. Many farmers lost their land and their livelihoods, & the agricultural sector was forever changed.
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