who didn't benefit?

• Total US farm income dropped from $22 billion in 1919 to just 13 billion dollars in 1928
• • Europe
  • Competition from Canadian wheat farmers
  • Overproduction
• Europe stopped buying food from America in response to US tariffs which had stopped Europe from exporting to the USA . And, Europe was poor
• Why did American's suffer from competition from the Canadian Wheat farmers?

  they could produce wheat highly efficiently and charge less for it
• overproduction in crops had occurred due to improvement in fertiliser and machinery
• the result of overproduction was that in the 1920's, farmers were producing a surplus
• farmers had to lower the price of their goods in order to sell their products
• in 1921 alone, most farm prices fell by how much?


  50%
• Problems in farming, directly affected how many Americans?

  60 million
• Why did Black African Americans particularly suffer?

  they had always done the least skilled jobs in rural areas
• 750,000 African Americans lost their jobs on farms
• The coal industry suffered as it was replaced by which two sources of power?


  oil and electricity
• workers lost their jobs in the cotton industry because:

  • they could not compete with the cheap labour
  • they could not compete with the machinery
• In 1928 male workers were paid only $18 dollars for a 70 hour week. At the time 48 dollars a week was seen to be the minimum amount required for a decent life
• it is estimated that 42% of people in the USA lived below the poverty line
• who didn't benefit ?

  Europe stopped buying from the US (Farming, coal and textile industries)

  Competition from Canadian wheat farmers

  Overproduction