War6 - policy, but also because excess farm production was...

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War, Prosperity, and Depression U.S. triumphs in World War I, suffers through downturn Republican policies in agriculture, however, faced mounting criticism, for farmers shared  least in the prosperity of the 1920s. The period since 1900 had been one of rising farm  prices.  The unprecedented wartime demand for U.S. farm products had provided a  strong stimulus to expansion.  But by the close of 1920, with the abrupt end of wartime  demand, the commercial agriculture of staple crops such as wheat and corn fell into  sharp decline. Many factors accounted for the depression in American agriculture, but  foremost was the loss of foreign markets. This was partly in reaction to American tariff 
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Unformatted text preview: policy, but also because excess farm production was a worldwide phenomenon. When the Great Depression struck in the 1930s, it devastated an already fragile farm economy. The distress of agriculture aside, the Twenties brought the best life ever to most Americans. It was the decade in which the ordinary family purchased its first automobile, obtained refrigerators and vacuum cleaners, listened to the radio for entertainment, and went regularly to motion pictures. Prosperity was real and broadly distributed. The Republicans profited politically, as a result, by claiming credit for it....
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This note was uploaded on 12/22/2011 for the course AMH AMH2010 taught by Professor Pietrzak during the Fall '10 term at Broward College.

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