Question

Which best explains why farmers in the great depression could not repay their loans?

Answer 1

Answer:

The price of crops was too low.

Explanation:

Answer Choices:

The price of crops was too high.

The price of crops was too low.

The price of topsoil was too high.

The price of farm equipment was too low.

Answer 2

The reason the farmers couldn't repay their loans during the great depression was Option 2: The price of crops was too low.

What was the great depression?

The severe economic crisis that followed the 1929 collapse of the American stock market was known as the Great Depression. From October 24 to October 29, 1929, the Wall Street stock market's prices experienced a significant decline.

The complete part of the question is here:

1. The price of crops was too high.
2. The price of crops was too low.
3. The price of topsoil was too high.

Hence, the correct option is 1.

Learn more about farmers in the great depression :

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