output of agriculture sector dropped in America after first world war why?
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Explanation:
Answer: The output of the agriculture sector dropped in America after first war due to use of standard equipment on farms. ... When the war ended (less than three months after the 1918 convention), demand for agricultural products sank, prices plummeted, farm incomes shrank, and the efficiency imperative evaporated.
Answered by
1
Answer:
The output of the agriculture sector dropped in America after first war due to use of standard equipment on farms.
Explanation:
During World War I, farmers worked hard to produce record crops and livestock. When prices fell they tried to produce even more to pay their debts, taxes and living expenses.
When the war ended (less than three months after the 1918 convention), demand for agricultural products sank, prices plummeted, farm incomes shrank, and the efficiency imperative evaporated.
In the early 1930s prices dropped so low that many farmers went bankrupt and lost their farms.
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