Farmers
Farmers were one of the groups that didn't prosper from the 1920s.
New technology helped them
produce a lot of crops, but when the war was over there was more supply than
there was demand for crops. With a larger supply the prices for food was
cheaper so farmers we making much less profit. In addition, many farmers had
spent a great amount of their money on new machinery and land during the war,
but they were prosperous. The government attempted to pass a bill that would
raise farm prices by buying up surpluses and selling them, at a loss, overseas. The bill was vetoed twice by President Coolidge and the farmers were in poverty throughout the 1920s.