The correct statements about drought are:
- There is little or no rainfall over an extended period of time.
- Crop yields on farms are greatly reduced.
- Land is stripped of the vital nutrients needed to grow healthy plants.
The statement "Drought can end with one major rainstorm" is misleading, as while a significant rainstorm can help alleviate drought conditions, it typically does not fully resolve the long-term effects of drought. The statement "Only farm owners are seriously affected by drought" is incorrect because drought impacts a wide range of people and ecosystems, not just those involved in agriculture.