The long depression was a economic as well as worldwide price recession which began in 1873. The United States and Europe was mostly affected by this long depression. It all started from the Panic of 1873 and lasted up to 1893. Unemployment reached its peak during this stage.
The depression also affected the farmers nation wide. The price of nearly all grains dropped drastically and even the price of cotton was reduced to half of its price. Thus this impose great hardship on the planters and the farmers. Thus the farmers all across the country decided to do something and they gathered together and met with great opposition against the government policies.
