Question

Why did the Great Depression affect the farmers first? How did World War I also contribute to this decline?

Answer in 2 sentences in your own words.

Answer 1

The Great Depression affected farmers first due to a combination of plummeting agricultural prices and excessive debts accumulated during the booming economy of the 1920s, which left them particularly vulnerable when the economic downturn hit. Additionally, World War I had initially increased demand and prices for crops, leading farmers to overproduce and subsequently oversupply the market, causing prices to collapse once the war ended and contributing to their financial struggles during the Great Depression.