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The value of U.S. agricultural goods sold overseas dropped significantly between 1920 and 1925. What was one impact of the changes farmers went through during the 1920s?

A. Farmers did not generally participate in the prosperity of the 1920s.
B. The U.S. government purchased the agricultural surplus from farmers.
C. Local food prices remained high because of domestic demand.
D. Speculators bought up American farmland at inexpensive prices.

Sagot :

GinnyAnswer

Final answer:

Farmers in the 1920s did not benefit from the economic prosperity of the era due to falling agricultural prices and oversupply, leading to financial difficulties and bank failures.


Explanation:

One impact of the changes farmers went through during the 1920s was that farmers did not generally participate in the prosperity of the 1920s. After World War I, overproduction led to falling prices for agricultural products, causing financial hardships for farmers. Attempts for federal price supports were vetoed, leading to many farmers struggling with loan repayments and rural banks failing.


Learn more about Impact of economic changes on farmers in the 1920s here:

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