Why Small-Scale Farmers Struggled to Prosper During the 1920s in the US

Most farmers did not share in 1920s prosperity. After WWI, Britain started growing more crops, creating a surplus and lower prices for crops in the United States. Farmers will then be forced to move to the cities to find work.

Agriculture in the 1920s:

There are several reasons why most farmers did not share in the prosperity of the 1920s:

1. Overproduction: After World War I, the demand for farm products dropped, and many farmers continued to produce crops resulting in a surplus of crops. With surplus crops the prices of the crops decrease, leading to lower incomes for farmers.

2. Competition: Competition from large commercial farms, particularly those in the UK, made it difficult for small-scale American farmers to compete. This competition also resulted in lower prices for American farm goods.

3. Debt: Many farmers were forced to take out loans to finance their operations, and when prices dropped, they found themselves unable to repay those loans, which forced them to sell their farms or move to the cities to search for work.

4. High Transport Costs: During this period, the cost of transporting goods from farm to market was high thus leading to losses especially for farmers in remote or rural areas.

Overall, these factors contributed to the decline of small-scale farming in the US and more farmers were forced to relocate to the cities to find work.

More Answers:
The Impact of the Emergency Immigration Act and National Origins Act on US Immigration Policy
Understanding Marxism: A Socio-Economic Theory by Karl Marx
Exploring Socialism: A Political and Economic Theory for creating a more Equitable Society

Error 403 The request cannot be completed because you have exceeded your quota. : quotaExceeded

Share:

Recent Posts

Mathematics in Cancer Treatment

How Mathematics is Transforming Cancer Treatment Mathematics plays an increasingly vital role in the fight against cancer mesothelioma. From optimizing drug delivery systems to personalizing

Read More »