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This can be largely attributed to the fact that many banks in the Great Plain states failed to give credits to farmers.
The number of unemployed individuals was high while the proxy for salaries and wages was low.
There was also the issue of high labor capital ratio in agriculture.
In medium eroded regions, the population decreased by 9 percent.
Dust Bowl played a crucial role in the Great Depression causing high levels of unemployment.
Farmers tried to make agricultural adjustments from crops to livestock but they only recovered only 14 to 28 percent of the initial agricultural cost.
Therefore, the economy predominantly adjusted through mass migration as opposed to through increased industry and capital inflows.The main effect of dust bowl on the economy was large population decline especially in the more eroded areas.From 1930 to 1940, populations declined by 12 percent in highly eroded areas.In medium erosion areas, the value of land declined by 17 percent.Agricultural revenues also declined by a great deal.Therefore, farmers strained as they sought for enough capital to help them embrace productive cultivation and farming methods. Profit margins in hay and animal produce remained minimal for a long period of time.Farmers therefore had very little or no incentive in the beginning to help them change their crops.These indicators however recovered following large decline of population that continued through 1950.Farmers also strained to get credits to help them embrace shift crop cultivation causing more economic problems.Following financial constraints and more specifically after the Great Depression, many people were forced to make possible adjustments including, changing their agricultural production methods.In response to the shock, many people left the area.