Question

Who were the first individuals to be hit hard by the stock market crash ad the Great Depression?

Farmers
Bankers
Investors
Workers

Answer 1

the farmers were the first to be affected by the stock market crashing

Answer 2

The correct answer is: Farmers

The Great Depression was the world economic crisis of the 30s. It had devastating effects in almost all countries, because the national income, tax revenues, business profits, and prices fell.

Agriculture and rural areas were affected by the fall of crop prices, which reached approximately 60%. As a consequence of the fall in demand, the areas dependent on the primary sector industries were the first to be affected.