Abstract

Prosperity - Believe It or Not: V. The Farmer's Share
Chase, Stuart | December 18, 1929 issue

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The World War I encouraged huge exports of American foodstuffs. The U.S. fed millions of European peasants who had left their fields for the trenches. Prices went up, acreage increased, the tractor became popular, efficiency was widely introduced. At the close of hostilities American agriculture was in an exceedingly prosperous condition, relatively speaking. Prices had been pegged, land values were soaring, credit was readily obtainable. The whole economic structure of agriculture had been given a glorious kick upstairs. Exports held up well in 1919 and fairly well in 1920.

See Also:

FARMERS -- United States; AGRICULTURE; PRICES; ECONOMIC structure; EXPORTS; UNITED States
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