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Question
- which of the following was a direct result of the falling crop prices in the 1920s for oklahoma farmers?
increased land values.
economic prosperity across the state.
inability to cover costs or repay debts.
expansion into new markets.
- how did the end of world war i indirectly contribute to the great depression in oklahoma?
by drastically increasing the cost of farming equipment.
by improving transportation networks.
by causing a surplus that led to plummeting agricultural prices.
by leading to a global increase in agricultural demand.
Question 4
When crop prices fall, farmers' income drops. If they have debts (e.g., for land, equipment), lower income makes it hard to cover costs or repay debts. Increased land values would not result from falling crop prices (they'd likely decrease or stagnate). Economic prosperity is the opposite of what falling prices cause. Expansion into new markets isn't a direct result of falling crop prices for individual farmers' financial struggles. So the inability to cover costs or repay debts is the direct result.
After WWI, demand for agricultural products dropped (post - war Europe recovered its farming), leading to a surplus of crops. This surplus caused agricultural prices to plummet. Drastically increasing farming equipment costs isn't a direct post - WWI effect on Oklahoma's path to the Great Depression. Improving transportation networks wouldn't cause a depression - related issue. A global increase in agricultural demand is opposite to the post - war reality. So the end of WWI caused a surplus (due to reduced demand) leading to falling prices, contributing to the Great Depression in Oklahoma.
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Inability to cover costs or repay debts. (The option with "Inability to cover costs or repay debts.")