During the Scissors Crisis, how did agricultural prices compare to industrial prices?

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During the Scissors Crisis in the early 1920s, agricultural prices were significantly lower than industrial prices. This period refers to the economic struggle faced by peasants in Soviet Russia, where the price of agricultural produce fell sharply compared to the prices of industrial goods. The term "scissors" is used to describe this widening gap, with agricultural prices on one end and industrial prices on the other, resembling the shape of scissors.

The crisis arose due to the government's focus on heavy industry at the expense of agriculture, leading to poor returns for farmers. As industrial goods became more expensive while agricultural prices dropped, farmers struggled to afford these goods. This imbalance resulted in a significant disparity, with agricultural prices being three times lower than those of industrial goods, which is the foundational reason for that choice being the correct one. The situation highlighted the economic challenges of the time and the need for reform in both sectors.

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