Final answer:
The Industrial Revolution's technological advancements decreased labor needs on farms and led to overproduction, causing farmers to incur debt and lose their land. Factory workers suffered from poor working conditions, low wages, and strict control by employers, issues that intensified during the Great Depression.
Step-by-step explanation:
Economic changes brought on by the Industrial Revolution had significant repercussions for both farmers and factory workers. Technological advancements such as the McCormick Reaper and the Cyrus plow reduced the need for labor on farms, pushing rural workers towards urban factory jobs.
However, this influx of labor led to overproduction and a subsequent drop in agricultural prices, leaving farmers in debt and at the mercy of banks and the railroad industry.
Meanwhile, urban factory workers faced long hours, unsafe conditions, and low wages, with their working lives strictly regulated by their employers. The Great Depression exacerbated these issues, with job losses and price drops in crops resulting in widespread hardship and challenges for both demographics.