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Farmers In The 1930's

640 Words3 Pages

Farmers were affected mainly by the drought, competition, and the reduced spending of consumers. There was significantly more farmers during the 1930’s, approximately 24.8 percent of Americans lived on farms. Given this, the importance of farmers was high because they had serious effects on spending, employment, and production of goods. The drought appeared in the US and lasted for a couple of years. With it, brought little rainfall and high winds that destroyed the crops which made it hard to regrow because due to the high winds the soil became light and not fertile enough. In order for the farmers to make the same amount of profit they were before the drought came, they would have to grow at the same rate. To do that, the soil must be thick …show more content…

The farming equipment was made in such large amounts due to the technological advances at the time. The manufacturers expanded their purchasing because due to the growth of the installment plan- a credit system where payments for merchandise or items are made in installments over a pre-approved period of time- but were left with these large inventories because of consumers having less money to spend. This was all a result of the many bank failures. The banks that had been fortunate enough to survive during 1931 were in very weak positions now. They were in weak positions because clients lost trust in their banks and wanted to withdraw all their funds. This caused trouble for the banks because they normally only hold a fraction of customers deposits at one time in cash. The only way for banks to get this amount of money is to liquidate it loans and sell their assets. So, that is just what the banks did, and in doing so bank panics were caused. This is not good for the economy or their clients because the banks have no money to lend out or invest. An example from 1932 is when the first bank closed without any prior warning to the

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Farmers of the late 19th century faced several struggles as they attempted to feed themselves and a growing nation. Though they were undeniably crucial to the country, the country often abandoned them to fend against their problems themselves. These desertments lead to the creation of several movements, such as The Grange, and of political parties such as the Populists. The challenges of American farmers were often intertwined and difficult to get to one cause of the problem. Increasing railroad use and inflated prices hurt the farmers tremendously, which then lead to widespread debt and the cry for silver to be used in the money standard, which then resulted in overproduction of goods to try to overcompensate for the burgeoning debt, but only made it worse.

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The industrialization of America led to lots of new technology for farming being developed, which further drove farmers into debt. New plows and tools were created and although they made farming significantly easier, they were also very expensive. Farmers were forced to buy these tools by their landlords and they struggled to find cheaper ways to compete with larger farms. Unlike farmers earlier in the century, these farmers did not grow many crops, even for sustenance. Instead, they grew only a couple cash crops, which could bring a lot of money, but also could bring in none if there was a drought or other problem.

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In the United States, farmers began to produce more food than they had previously, due to the technical advancements during this era. Because of the constant surpluses of food farmers were producing, the prices of food decreased. America could no longer sell as many goods to Europe as they had previously, because Europe was also experiencing a depression, causing them to not be able to afford as much world trade. The world trade market was also becoming competitive with Argentina, South Africa and many other countries now actively trading as well. Prices of crops continued to plummet and farmers could no longer afford their bank loans.

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Farmers were hit the hardest by this because, in the absence of fertile soil, they were unable to make money. Also, farmers were overfarmed before the Great Depression, making farming more difficult than normal. Animals overgrazed

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Mass domestic consumption during this time was good for the American businesses, but it was funded by bank credits and layaway buying without guarantees, which were highly unsustainable. In the 1920s, the vast majority of American banks were individual institutions that had to rely on their own resources. In 1930, after the market crashed, depositors nation-wide simultaneously tried to withdraw their money before the banks declare bankruptcy. The banks, unable to answer the overwhelming demand with the small fraction of cash they keep on hand, had to call in sold assets and loans they lent out, ultimately freezing credit, leading to deflation and halting the entire economy. A wave of bank failures that began in Louisville started to spread to Missouri, Illinois, Indiana, and Arkansas.

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Economic problems were not the only problems farmers faced. They entered a decade of drought, never before experienced in America. What they did not lose in the economic collapse, they lost because of the drought and an environmental disaster, the Dust Bowl, a severe dust storm that damaged farmers’ land and property. Fortunately, when Roosevelt became president, he quickly implemented legislations

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Which the farmers were not making any expense, so they grew more crops than before, and that made things worse. In which it led farmers into a big debt and problems. One of them was the tariff policies during the Gilded Age. Farmers were the victims and were forced to buy manufactured goods to be protected by tariff legislation. But what they produce was not protective and more competitive markets soon to rise of over supplies and foreign competition.

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The environmental and economic conditions that impacted the wheat farmers of the Saskatchewan in the 1930’s was the value due to war and weather condition. The prairies were heavily reliant upon wheat farming, during World War I was a good industry; the price of corps had risen drastically allowing Farmers to make profit, however after the war the value of crops declined rapidly, making the farmers broke. In a matter of years, the issue grows bigger; farmers lost their crops due to economic conditions. In 1928, weather started to affect farmers for instance: drought, high temperature, and swarms of grasshoppers were conditions that destroyed the crops across the prairies. In addition, within 1935 the flat lands of the prairies were met with

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The New Deal Acts of the 1930s were critical for farmers and agriculture as a whole. Unquestionably farmers struggled the most during the Great Depression along with the Dust Bowl, to make things worse. New Deal Acts such as the Agricultural Adjustment Act and the Soil Conservation and Domestic Allotment Act made it possible for agriculture to gradually recover overtime. When the drought began, farmers were losing their way of life by not being able to farm. Before long, they went bankrupt after spending money on new technologies after coming out of a golden age of weather.

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Most farmers struggled to make a living due to key issues. There was often a high tax on railroads which had cut a large profit from the farmers. The farmers had no other option other than the railroad since the farmers were often very far off westward in the Great Plains, while the market with a large population was still in eastern cities like New York. Likewise farmers had to pay a middle man in the East to sell their commodities in the East, because the poor farmers were unable to travel all the way to the East to sell their products then come back to start farming for the next year. Surprisingly, farmers were often detrimental to themselves due to

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During the 1930’s American lives were migrant and nomadic; for example, agricultural workers live this lifestyle. They would move from farm to farm every couple of months or so, depending on the situation. This wouldn’t be so depressing if they had a plane to take them from place to place, a home to come back to after a while. However, in the 1930’s more often than not, workers walked on foot with no permanent resistance to their next job, similar to the man in the image above.

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Many people and programs were involved in the solution to help the farmers with their farms In between 1932 and 1939 most farm lands were prone to these droughts but during this the soil could not take it anymore

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The stock market crash in 1929 made it difficult for farmers to sell their crops because of the people’s inability to afford the food they produced which then led to an over production of crops causing prices to dramatically decrease. Many farmers lost their farms to the bank for defaulting on their loans and to make matters worse the dust bowl that hit in the 1940’s only contributed to the financial hardship many farmers were already facing. Crops could not survive the dry heat and the harsh winds it endured from the drought and they were ultimately blown away leaving only dirt behind. The land that had once supplied healthy crops for farmers laid baron because of poor farming techniques and over cultivation. Many farmers and their families

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