Question

What was the most significant effect of the depression on american farmers?

Answer 1

The most significant effect of the Great Depression on American farmers were falling prices.

Answer 2

Answer: Falling prices

The Great Depression was a period of severe economic depression in the 1930s. It began with a fall in stock prices in September 4, 1929, which ended in the stock market crash of October 29, 1929. Unemployment in the United States rose to 25%. International trade decreased by more than 50%. Crops prices fell by about 60%, as demand decreased. The falling prices deeply affected American farmers.