2 ms·
I'm guessing you haven't read the Grapes of Wrath? Any ideas why the Dust Bowl wasn't solved by market forces? It actually was civilization ending in affected
by cmurf 10y ago
I'm guessing you haven't read the Grapes of Wrath? Any ideas why the Dust Bowl wasn't solved by market forces?
It actually was civilization ending in affected areas of Oklahoma, Kansas, and Texas. And the massive migration that ensued had negative impacts around the country too.
- adolph 10y agoMarket forces prevented the Dust Bowl until the US govt induced settlement by farmers who used techniques that were ecologically incompatible in the longer run. It was a mistake and civilization learned from it and resources were revalued accordingly. I suppose that the US govt is a market force of sorts, but probably not what the parent comment had in mind.