Slump in agricultural prices in the 1920s (AQA A-Level History): Flashcards
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1920s wheat production trend
1920s wheat production trend
Increased production, expanded world trade
Germany's wheat use (gold standard era)
Germany's wheat use (gold standard era)
Stored as collateral for foreign credit
Years of global wheat oversupply
Years of global wheat oversupply
1924-1929
Main wheat exporters (1920s oversupply)
Main wheat exporters (1920s oversupply)
US, Argentina, Canada, Australia
Canada wheat export % (1920s)
Canada wheat export % (1920s)
38% (dominated market)
US wheat export % (1920s)
US wheat export % (1920s)
22% (second to Canada)
Great Plains primary use (1920s)
Great Plains primary use (1920s)
Wheat cultivation
Great Plains nickname (1930s)
Great Plains nickname (1930s)
'Dust Bowl' (large-scale farming & drought)
1929 wheat price decline effects
1929 wheat price decline effects
Decreased trade value, panic stock sales (US)
US farming crisis 1920s features
US farming crisis 1920s features
Low crop prices, low farm income