Which was the economic effect of the great depression on America’s farmers?

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asked Oct 25, 2020 18.6k views

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Smartmarkey · Answer 1 · 2020-10-27T14:05:13+0000

Farmers could not pay taxes or repay money they had borrowed. This happened due to the fact that they had taken out loans to buy tractors and farm equipment, but once the banks failed, they had no way to pay this off

Which was the economic effect of the great depression on America’s farmers?

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