How were farmers and banks connected in the 1930s? a) banks made money, and then farmers lost their farms. b) banks lost money, and then farmers lost their farms. c) farmers expanded their farms, and then banks made money. d) farmers lost their farms, and then banks lost money. (not c) i think d is correct

The correct answer is D. Farmers lost their farms, and then bankers lost money.

Farmers suffered low prices all through the 1920s, and the problems expanded to factories in 1930. Many businesses closed after the stock market crash. Workers lost their jobs.  Families were not buying goods or pay their rent.

The banks were making many loans for stock speculation. The Federal Reserve tried to intervene. The Banks lost a lot of money.

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