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Farm Families and Change in 20th Century America (2014) Gardner, Bruce L. "Changing Economic Perspectives on the Farm Problem." Journal of Economic Literature (1992) 30#1 62–101. in JSTOR; Gardner, Bruce L. American Agriculture in the Twentieth Century: How it Flourished and What it Cost (Harvard UP, 2002).
The U.S. government continued to instill inflationary policy following World War I. [1] By June 1920, crop prices averaged 31 percent above 1919 and 121 percent above prewar prices of 1913. Also, farm land prices rose 40 percent from 1913 to 1920. [2] Crops of 1920 cost more to produce than any other year.
The McNary–Haugen Farm Relief Act, which never became law, was a controversial plan in the 1920s to subsidize American agriculture by raising the domestic prices of five crops. The plan was for the government to buy each crop and then store it or export it at a loss.
An Act to establish a federal farm board to promote the effective merchandising of agricultural commodities in interstate and foreign commerce, and to place agriculture on a basis of economic equality with other industries. Acronyms (colloquial) AMA: Nicknames: Farm Relief Bill: Enacted by: the 71st United States Congress: Effective: June 15 ...
The doctrine of parity was used to justify agricultural price controls in the United States beginning in the 1920s. It was the belief that farming should be as profitable as it was between 1909 and 1914, an era of high food prices and farm prosperity. The doctrine sought to restore the "terms of trade" enjoyed by farmers in those years.
The percentage of Americans who live on a farm diminished from nearly 25% during the Great Depression to about 2% now, [8] and only 0.1% of the United States population works full-time on a farm. As the agribusiness lobby grows to near $60 million per year, [ 9 ] the interests of agricultural corporations remain highly represented.
Barn on tenant's farm in Walker County, Alabama, 1937. Tenant farming characterized the cotton and tobacco production in the post-Civil War South. As the agricultural economy plummeted in the early 1930s, all farmers were badly hurt but the tenant farmers and sharecroppers experienced the worst of it. [14]
The strike wave culminated with the San Joaquin Valley Cotton Strike, the largest strike in the history of American agriculture. More than 47,500 farmworkers participated in the 1933 strikes. Twenty-four of these strikes, involving approximately 37,500 workers, were under the leadership of the Cannery and Agricultural Workers Industrial Union ...