Question

TRUE OR FALSE The farming industry struggled in the period leading up to the stock market crash during the 1920s.

Answer 1

True b/c One of the critical faults that led to the Great Depression was overproduction. This was not just a problem in industrial manufacturing, but also an agricultural issue. From as early as the middle of the 1920s, American farmers were producing far more food than the population was consuming. As farmers expanded their production to aid the war effort during WWI they also mechanised their techniques, a process which both improved their output but also cost a lot of money, putting farmers into debt.