Question

how were farmers and banks connected in the 1930s?
○ banks made money, and then farmers lost their farms.
○ banks lost money, and then farmers lost their farms.
○ farmers expanded their farms, and then banks made money.
○ farmers lost their farms, and then banks lost money.

Explanation:

In the 1930s (Great Depression era), many farmers took out loans from banks to fund their operations. A combination of drought, falling crop prices, and economic collapse left farmers unable to repay these loans. As a result, banks lost the money they had lent, and then foreclosed on farmers' properties, causing farmers to lose their farms.

Answer:

B. Banks lost money, and then farmers lost their farms.