Question

Output of an agriculture dropped in america after first world war why?!

Answer 1

Answer:

The first world war had given a great economic boost to the agricultural sector. This increased the production. When the war got over, the production still continued. This led to overproduction. Thus the prices of goods decreased. In order to maintain income, farmers started producing more. This led to a situation of glut in the market. Thus output of agriculture dropped in US after the World War I.

Answer 2

ANSWER:

The output of the agriculture sector dropped in America after first world 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, farmers income shrank, and the efficiency imperative evaporated.

In the early 1930s prices dropped so low that many farmers went bankrupt and their farms.