Question

What did the surplus of crops do to prices of food during the Great Depression?

Prices decreased.

Prices were not affected.

Prices increased.

Answer 1

During the Great Depression, the surplus of crops led to a decrease in food prices. With an oversupply of agricultural products, farmers struggled to sell their crops, which resulted in lower prices for food items. This deflationary trend was part of the broader economic challenges of the Great Depression, where declining demand and overproduction contributed significantly to falling prices.