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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.
Rural American history is the history from colonial times to the present of rural American society, economy, and politics. [1]According to Robert P. Swierenga, "Rural history centers on the lifestyle and activities of farmers and their family patterns, farming practices, social structures, political ties, and community institutions."
The history of agriculture in the United States covers the period from the first English settlers to the present day. In Colonial America, agriculture was the primary livelihood for 90% of the population, and most towns were shipping points for the export of agricultural products. Most farms were geared toward subsistence production for family use.
Terms used by scholars for the self-sufficient farmers at the middle economic level include "common people" and "yeomen." At the lowest level were the struggling poor whites, known disparagingly in some areas of the South as "Crackers." [2] In the colonial and antebellum years, subsistence farmers tended to settle in the back country and uplands.
This is a project to replace modern book covers used to illustrate articles about books in the public domain. These images are not really acceptable under the "replaceable" clause of our fair use policy , [ 1 ] since the books' original covers, title pages, etc. would be free.
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A farm crisis is an American term for a time of agricultural recession, low crop prices and low farm incomes. The Interwar farm crisis was an extended period of depressed agricultural incomes from the end of the First to the start of the Second World War. The most recent US farm crisis occurred during the 1980s. [1] [2] [3]