American Farming Industry In The 1920s

Improved Essays
In the USA 1920s not everyone did well. Most of the profits made by the industry went to the businessmen and those people who had enough money to buy shares and stocks. On the other hand the American farming industry collapsed as the European farming recovered after the war. Furthermore American farmers had to compete with farmers in Argentina and Canada because they were selling goods at cheaper prices which were the same quality or sometimes even better. The American government had rejected the bills that had been passed through the parliament to guarantee farm prices by President Coolidge. This caused many small farmers to go broke. It was definitely not a popular time for people living in the countryside in the 1920s as more than 6 million

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