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17 September, 18:15

What challenge did American farmers face in the late 1920s?

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  1. 17 September, 18:40
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    One of the major challenges that American farmers faced in the late 1920s was a "lack of demand," since farm crops and goods were not being purchased as relatively high frequencies during this time.
  2. 17 September, 18:40
    0
    One of the major challenges that American farmers faced in the late 1920s was a "lack of demand," since farm crops and goods were not being purchased as relatively high frequencies during this time.

    Explanation:

    Farmers, in general, did not share in the prosperity of the 1920s. As the decade began, the horticultural sector was faced with difficulties, many of them connected to financial features novel to the farm industry. This industry was formed up of thousands of generators, each generating a minuscule division of the total output and none ought any power over the total market. Agriculture was reliant on good weather and was subject to pests and common disorders of all types. National, regional, and often international markets for such commodities as grain and cotton were based on extensive demand and supply. Furthermore, the farmer offered usually homogeneous products. Wheat from farm X was the same as that of farm Y, and farmers had little chance, as economists said, to "modify" their outcomes".
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