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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (194574)	4/2/2009 5:31:48 PM
From: energyplay	Read Replies (1) \| Respond to of 306849

I think your essentially correct, but most of the mechanization occured in the 1920s. The farm workers then moved to the cities, and were there win the 1930s. More Rural Electricfication occured in the 1930s, and I expect that had a net negative effect on employment. It also did not help that almost every one cut back their food consumption in the depression, mean less demand for cattle, hogs, corn, wheat etc. Farm prices had been pushed way up by World War I, and came down hard in the early to middle 1920s. So there was at least a farm recssion that started before 1928.