Economic Developments: Improvements for Farmers by the 1900s and WWI Flashcards
What mass-scale immigration event started in the early 1900s?
There was lots of European Migration
How many Europeans came to America in the early 1900s?
18 million people
Why would a surge in immigrant populations help farmers?
Because there would be more people to buy their products
What legislation was passed in 1902 to help farmers?
The 1902 Reclamation Act
What did the 1902 Reclamation Act do?
It helped to create irrigation schemes in dry areas
How did the 1906 Hepburn Act help farmers?
It meant that railroad companies could not make high freight costs and the government would check their financial records
How did the Meat Inspection Act of 1906 help farmers?
It meant that farmers who did not create heavily processed foods could see more profits
How did the Federal Farm Loan Act of 1916 help farmers?
It meant that they had more time to pay off loans
How did the Vocational Education Act of 1917 help farmers?
It provided education into agriculture
How did WWI help farmers?
It meant that food production in Europe slowed down so they would have to buy from America
How did the 1917 War Industries Board help farmers?
Herbert Hoover, in charge of Agriculture, set Wheat bushel prices to $2.20
How much did farmers’ incomes increase as a percentage from 1915-1918?
30%
What was a negative impact of WWI ending for farmers?
European food production would go back to normal
What was a negative impact of high prices for food products at the end of WWI in the USA?
The prices would quickly go down again