The story begins on Wang Lung's wedding day and follows the rise and fall of his fortunes. The House of Hwang, a family of wealthy landowners, lives in the nearby town, where Wang Lung's future wife, O-Lan, lives as a slave. However, the House of Hwang slowly declines due to opium use, frequent spending, uncontrolled borrowing and a general unwillingness to work.

Following the marriage of Wang Lung and O-Lan, both work hard on their farm and slowly save enough money to buy one plot of land at a time from the Hwang family. O-Lan delivers three sons and three daughters; the first daughter becomes mentally handicapped as a result of severe malnutrition brought on by famine. Her father greatly pities her and calls her "Poor Fool," a name by which she is addressed throughout her life. O-Lan kills her second daughter at birth to spare her the misery of growing up in such hard times, and to give the remaining family a better chance to survive.

During the devastating famine and drought, the family must flee to a large city in the south to find work. Wang Lung's malevolent uncle offers to buy his possessions and land, but for significantly less than their value. The family sells everything except the land and the house. Wang Lung then faces the long journey south, contemplating how the family will survive walking, when he discovers that the "firewagon" (the Chinese word for the newly built train) takes people south for a fee.

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