A) How did increased property foreclosures affect people during the Dust Bowl? (2 points)

Question

A growing number of farmers worked together to collectively buy land for planting.
Fewer eastern banks bought the notes for farms located in drought-stricken areas.
Thousands of tenant farmers and sharecroppers were displaced from their land.
Many large financial institutions failed while local banks remained in business.

Answer 1

Increased property foreclosures during the Dust Bowl predominantly affected people in the following ways:

1. Displacement of Farmers: Thousands of tenant farmers and sharecroppers were displaced from their land due to increased foreclosures. As many farmers were unable to pay their debts amid the severe drought and declining agricultural productivity, they lost their homes and livelihoods.

2. Economic Instability: Fewer eastern banks bought the notes for farms located in drought-stricken areas. This lack of financial support exacerbated the economic difficulties faced by farmers, as they struggled to secure loans or refinancing to sustain their operations, leading to further foreclosures and losses.

These factors contributed significantly to the social and economic hardships experienced by many families during the Dust Bowl era.