Question

Which of the following was not one of the reasons farmers had it rough during the 1920s? rising equipment costs extended droughts falling crop prices foreign competition

Answer 1

D) Foreign Competition

Answer 2

The correct answer is foreign competition.

During the 1920's, farmers dealt with several different obstacles to financial success. This includes rising equipment costs thanks to inflation on consumer goods and the reason trend of buying on credit. Along with this, severe weather conditions and a significant drop in crop prices resulted in tough economic conditions. This is one of several groups who would begin experience tough conditions that most Americans would ultimately face in the 1930's.