Interwar farm crisis

The interwar farm crisis was an extended period of reduced agricultural demand between the end of the First and Second World Wars.

A farm crisis began in the 1920s, commonly believed to be a result of high production for military needs in World War I.

Furthermore, a region of the great plains was hit by an extreme drought which added to the agricultural difficulties of the time,[3] leading to depopulation.

It allowed the Federal Farm Board to make loans and other assistances in hopes of stabilizing surplus and prices.

The Act involved seven different crops: corn, wheat, cotton, rice, peanuts, tobacco, and milk.