How did the Great Depression impact the agricultural sector?

History The Great Depression Questions



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How did the Great Depression impact the agricultural sector?

The Great Depression had a significant impact on the agricultural sector. Farmers faced severe economic hardships as the prices of agricultural products plummeted due to overproduction and decreased demand. Many farmers were unable to sell their crops and livestock at profitable prices, leading to widespread bankruptcies and foreclosures. The Dust Bowl, a severe drought and soil erosion in the Midwest, worsened the situation, causing massive crop failures and forcing many farmers to abandon their land. The agricultural sector experienced a sharp decline in production, leading to widespread unemployment and poverty in rural areas. The government implemented various relief programs and agricultural policies, such as the Agricultural Adjustment Act, to stabilize prices and support farmers during this challenging period.