The principal cause of a third farm depression beginning in 1997 was
A)A crop failure in 1998.
B)The Asian economic crisis.
C)A decrease in grain prices.
D)Environmental damage.

Question

Quizplus · Accepted Answer

The Asian economic crisis significantly impacted global markets, including agriculture, leading to decreased demand for exports from U.S. farmers, which in turn contributed to the farm depression starting in 1997.

The Principal Cause of a Third Farm Depression Beginning in 1997