All categories

3 years ago

Which group experienced an early depression in the 1920s?

History

1 answer:

Andrej [43]3 years ago

3 0

It was the Farmers who were the first ones to experience the early depression in the 1920s.

Further Explanation:-

The Great Depression is considered the worst economic shutdown in the history of the United States. This economic decline started in the year 1929 and went on to the later stages of the 1930s. The Crash of the Stock Market was the reason which brought this great depression. By the year 1933, there were around 25% of people in the United States were unemployed and the majority of banks in the United States went out of Business.

It was the farmers who were the most affected by this economic shutdown caused by the Great depression. Prices of their crops were falling year after year and states of Texas, Oklahoma and Kansas suffered severe drought which also caused dust storms. In the initial stages of the 1930s, the majority of farmers went bankrupt and because of that, they were not able to pay their loans and lost their farms. Corns that were grown by farmers became so cheap that instead of coal, people started burning corn to make their food. Many farmers even formed farmers Union but all went in vain as it did not have any effect on Prices.

Learn more:

1. What was the impact of political and legal ideas contained in Justinian's code?

brainly.com/question/5344838

2. How did Gertrude stein influence the career of Pablo Picasso in Paris at the start of the twentieth century?

brainly.com/question/4845016

Answer details:

Grade – High School

Subject – History

Chapter – Early depression

Keywords –Economical depression, Great Depression, The United States, Farmers, Crops, Corns, Coal, Texas, Oklahoma, Kansas.

You might be interested in

6. As a general, Julius Caesar conquered most of what region?

Troyanec [42]

Answer:

Italy

Explanation:

Julius Caesar was a renowned general, politician and scholar in ancient Rome who conquered the vast region of Gaul and helped initiate the end of the Roman Republic when he became dictator of the Roman Empire.

8 0

2 years ago

Read the excerpt from the Centinel. This hypothesis [separation of powers] supposes human wisdom competent [capable] to the task

torisob [31]

Answer:

A People could not create a fair system with three separate powers is the correct answer.

Explanation:

Centinel was the alias that was used for writing articles to Philadelphia Independent Gazetteer and Philadelphia Freeman's Journal from October 1787 till April 1788. Historians consider that the articles were written by Samuel Bryan. Some of the articles were also written by George Bryan and Eleazer Oswald. Samuel Bryan was an anti-federalist who was against the proposed Constitution of the United States. He was a resident of Pennsylvania and wrote during the Confederation period.

8 0

3 years ago

Read 2 more answers

The Bill of Rights made up of the first ten amendments to the US. Constitution, primarily protect the rights of which of the sel

ASHA 777 [7]

Answer:

Explanation:

if you look at the 10 ammendments you can see they are ment to favor and protect individuals from the government. The ammendment are like this because Americans did not like the way they where being treated as a colony by the British ,so they try to prevent these mistakes from happening again with ammendments.

4 0

3 years ago

What european nation had colonized vietnam

Firlakuza [10]

French Rule: The French colonized Vietnam in the mid 1800s. In 1885, France looked to take over Vietnam and in 1887 they did it.

6 0

3 years ago

Read 2 more answers

It was the first plan for self-

zzz [600]

Answer:

The Mayflower Compact was important because it was the first document to establish self-government in the New World. It remained active until 1691 when Plymouth Colony became part of Massachusetts Bay Colony.

3 0

2 years ago