Struggling farmers

Struggling farmers

- 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.

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