However, back then numerous people didn’t comprehend just how much of an impact farmers had on their everyday lives. If you took farms away from the United States during this period of time, everything would have entirely crashed. Farmer’s had complications with making a living because the rates of being a farmer were so high, as it is stated in document B. The farmers were also being abused by the railroad companies and banks. Like it says in document F “Nothing has done more to injure the (western) region than these freight rates.” Out west the railroad companies took advantage of the people and often they would charge more than four times the Eastern rates.
Crop prices fell by over fifty %. People went hungry because so much food was produced that production became unprofitable. Others were unemployed because they had produced more than could be sold. Huge numbers of Americans had their lives upset by the Depression. Tens of thousands of migrant farm workers travelled the nation looking for employment.
Due to this debt the government then resulted in printing money and this resulted in inflation. Inflation destroyed savings of the middle class and especially effected land owners as they relied on rent. State employees and factory workers purchasing power fell by 25% because of the value of the Iire. The state also spent 148 billion lire on the war effort and inflation increased with the price index quadrupling, and rising from 100 in 1914 to 413 in 1918. Conscription soaked up rural unemployment and some peasants grew prosperous.
Bad working conditions in the country sparked numerous strikes and riots, and the sheer lack of exports meant there was an increase of imports, and therefore costs continued to rise. Mussolini saw that the economy was in dire need of vast improvement, and along with it the standard of living was nearly in a state of disrepair. Throughout the years 1922-1943 Mussolini formulated 4 key Battles to aid and expand his economy; Battle of the Grain (1925), Battle of the Lira (1926), Battle of the Births (1927), and the Battle of the Marshes (1928). From 1922 to 1925, Mussolini's regime pursued a laissez-faire economic policy under the liberal finance minister Alberto De Stefani. De Stefani reduced taxes, regulations, and trade restrictions and allowed businesses to compete with one another.
Agriculture in Russia was far behind other great powers and peasants were suffering greatly through the repeated famines in 1902 and 1905. Sergei Witte had done nothing to improve agriculture only focusing on the economy of Russia. This led to subsistence agriculture. Grain was being exported and there wasn’t enough for the peasants. This also meant that the land was not used to it full potential, all these factors lead to the famines and causing peasants to up rise using violence against government officials.
As agriculture mechanized, the production cost was raised correspondingly, in addition of the shrinking of marker, the farmer thus was forced to borrow money from the trusts for survive. However, According to Document F, because majority farmer relied on loan, so that the trust took the control of the business line, therefore, they could “limit the price of the raw material so as to impoverish the producer”, that meant the farmer was fell in hopeless debt.
80% of Russia’s population was made up of peasants and most of them lived in poverty. As the population grew rapidly, 98 million in 1885 to 125 in 1905, an attempt to provide land for each peasant family made the size of peasant landholdings fall. As if this wasn’t enough there were several harvest failures which resulted in severe famine. This greatly angered peasants, who in jacqueries, attacked government officials and encouraged the start of the revolution. Also, compared to other European countries, Russian agriculture was still backward.
Railroad companies that charged four times as much as on the East gave farmers incentive to band together in order to combat outrages rates politically (Document D). Freight rates especially hurt farmers, who were far from both buying and selling markets, a clever extortion trick by the railroad companies to force farmers into paying at every occasion (Document F). With over a twenty percent decline in agriculture economy over fifty years, the farming community grew smaller and less organized by the day – an easy target for abusive
The problem about this was that most Indians growing goods didn’t have enough money to buy the food because of your taxes. As a consequence, many people died of starvation. The country also lost a lot of money because of leaders and wars between them and Great Britain. This cost them. Also, the other negative thing was that British
There were still a lot of long term effects that were causing ill feeling towards the Tsar before Bloody Sunday even took place. The peasants were still feeling disappointed in the Tsar after the devastating impact of the famine across Russia during 1891, in which the government had, if anything, exacerbated the situation by continuing to force peasants to export the food they had, and leave themselves to starve. Once more, Nicholas the second had let them down, when he was supposed to be their protector. This is when people first began seriously having their doubts about the Tsar and his total authority. One of the other key long term causes was the industrial recession that was taking place after the “great spurt” within Russia.