Why was Oklahoma’s economy so devastated by the Great Depression?

Question

A.
Oklahoma goods faced higher tariffs than goods produced elsewhere.
B.
Overproduction was a significant issue in the oil and agricultural industries.
C.
Bank failures in Oklahoma were more severe than in other areas.
D.
State legislators refused to accept federal aid.


Please select the best answer from the choices provided

A
B
C
D

Answer 1

The best answer is B. Overproduction was a significant issue in the oil and agricultural industries.

During the Great Depression, Oklahoma was heavily reliant on agriculture and oil production. Overproduction in these sectors led to falling prices and significant economic hardship, contributing to the devastation of the state's economy during that time.