- Farmers were also very badly hit.
- By 1933 farm incomes had dropped by about 60% compared to 1929.
- Meanwhile, the good that farmers needed to buy such as industrial products dropped in price by on 15 percent.
- Therefore farmers could only afford to buy about a half of what they could have bought in 1929.
- Many farmers had to sell up because they could not afford to pay back what they owed to banks.
- Even wealthy farmers in once prosperous reigons such as Iowa were badly affected.
- In the midwest farmers suffered an extra blow
- Over farming had led to the soil becoming infertile.