How Did The Economy Affect Farmers During The Great Depression

The Great Depression The Great Depression is one of the most well-known and longest economic downturn in history. Depositors, investors, producers, financial institutions, industries, and agriculturists all suffered giant losses during this time period. The Great Depression took place in the United States from 1929 to 1939. Before the Great Depression (1923-1929) the U.S. economy was flourishing at a great rate. The stock market doubled in these years. The Great Depression started settling in whenever the stock prices began to decline on October 24, 1929 and the American stock market crashed on October 29, which is known as Black Tuesday. On that day 16 million shares were traded after Wall Street went into panic. Millions of shares ended

Farmers in particular were affected greatly. The way that the Great Depression affected the farmers was that during the 1930’s farm life was struggling due to dryness and heat and other climate issue causing the farms to not produce which meant farmers were not getting money because there were no sales. Farmers were left with no money to buy groceries or make farm payments and the government could not help out due to the fact that barely any companies were succeeding. By 1940 normal rainfall returned, and the economy was making their way out of the Great Depression meaning that federal programs could step in and help out the farmers to rebuild their farms and start producing crops

One thing in particular that increased during this time was crime rate. People did not have jobs due to the unemployment rate being so high that desperate people resorted to stealing things. They were stealing to either resell and get money or stealing certain things that they just needed in their everyday lifestyle that they were unable to afford because they were jobless. The death rate is another thing that increased during this time period. Suicide rate was increased dramatically because people would have rather killed themselves than suffer through such a horrible time. People were dying off due to malnutrition because they could not afford food or there was simply just no food to even get. People that would become ill just died instead of going to the doctors because doctors were so expensive and people had no money to pay for doctors or medicines. Prostitution was another topic that increased during this time period. Women began selling their bodies in order to put food on the table for their children and themselves. People ended up losing their homes over the Great Depression. They did not have the money to pay bills, such as electricity or water bills. They couldn't afford living in a home so they became homeless and lived on the