Limits to the boom
- Created by: bea_damon
- Created on: 11-05-17 14:12
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Limits to the boom
Farmers
- Agricultural boom during WW1 - Europe devastated by armed conflict. US agricultural prices rose by 82% 1913-17.
- Once war over, recovery of European agriculture = demand for US exports dropped = agricultural prices in US also dropped.
- Technological advances: combine harvester increased productivity in cereal production but led to increasing unemployment among farm workers. Part of unemployment problem offset by growth of towns + cities. 1929 = more Americans lived in urban rather than rural areas for first time.
- South-eastern USA - dominant crop cotton affected by appearance of pest - boll…
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