When crop prices dropped during the 1920's, many farmers went bankrupt. What else dropped?

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asked Sep 7, 2023 229k views

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Praveenb · Answer 1 · 2023-09-11T16:00:50+0000

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Farm prices plummeted as a result of the massive surpluses that resulted. Corn fell from $1.30 per bushel to 47 cents per bushel between 1919 and 1920, a drop of more than 63 percent.

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When crop prices dropped during the 1920's, many farmers went bankrupt. What else dropped?

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