Slump in agricultural prices in the 1920s (OCR A-Level History A): Quizzes
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12 questions from this quiz
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Practise the questions
12 questions from this quiz
In which decade did the slump in agricultural prices occur?
In which decade did the slump in agricultural prices occur?
1920s
What percentage of the wheat export market did the US dominate in the 1920s?
What percentage of the wheat export market did the US dominate in the 1920s?
22%
Which country dominated the wheat export market with 38% in the 1920s?
Which country dominated the wheat export market with 38% in the 1920s?
Canada
Between which years did the oversupply of wheat cause price decreases?
Between which years did the oversupply of wheat cause price decreases?
1924-1929
Which countries mainly supplied the wheat oversupply in the 1920s?
Which countries mainly supplied the wheat oversupply in the 1920s?
US, Argentina, Canada, Australia
How did Germany use wheat in relation to foreign credit in the 1920s?
How did Germany use wheat in relation to foreign credit in the 1920s?
As collateral for credit
What was the Great Plains in the US primarily used for in the 1920s?
What was the Great Plains in the US primarily used for in the 1920s?
Wheat cultivation
What did the Great Plains become in the 1930s?
What did the Great Plains become in the 1930s?
The Dust Bowl
What effect did wheat oversupply have on international prices?
What effect did wheat oversupply have on international prices?
Prices decreased
In which year did the unstoppable decline of wheat prices occur?
In which year did the unstoppable decline of wheat prices occur?
1929
What did declining wheat prices in 1929 contribute to?
What did declining wheat prices in 1929 contribute to?
Decreasing value of trade
How was the US agricultural recession in the 1920s characterised?
How was the US agricultural recession in the 1920s characterised?
Low crop prices & low farm income