The Weimar Republic, 1914-1929 (AQA A-Level History): Quizzes

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Slump in agricultural prices in the 1920s
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In which decade did increased wheat production expand world trade?

1920s

In Germany, wheat stored under the gold standard was used for what purpose?

Collateral for foreign credit

Between which years did wheat oversupply cause international price decreases?

1924 and 1929

Which countries mainly exported wheat that caused oversupply in the 1920s?

US, Argentina, Canada, Australia

What effect did the worldwide oversupply of wheat have?

Decrease in international price

What was the US's percentage of the wheat export market in the 1920s?

About 22%

What percentage of the wheat export market did Canada dominate in the 1920s?

38%

What caused the Great Plains to become the 'Dust Bowl' in the 1930s?

Large-scale farming and drought

What did the 1929 wheat price decline contribute to in the US?

Panic sales of stocks

How was the US agricultural recession in the 1920s characterised?

Low crop prices and low farm income

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