| The Farm Financial Crisis: Socioeconomic Dimensions and Implications for Producers and Rural Areas Contributor(s): Murdock, Steve H. (Editor), Leistritz, F. Larry (Editor) |
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ISBN: 0367292084 ISBN-13: 9780367292089 Publisher: CRC Press OUR PRICE: $171.00 Product Type: Hardcover - Other Formats Published: September 2019 |
| Additional Information |
| BISAC Categories: - Business & Economics | Industries - General - Technology & Engineering | Agriculture - General - Science | Life Sciences - General |
| Dewey: 338.130 |
| Physical Information: 0.6" H x 6.1" W x 9.5" (0.95 lbs) 205 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: After nearly a decade of prosperity, rural America entered the 1980s with its agricultural base facing a severe financial crisis. Land values, export markets and the general demand for agricultural commodities were declining while the levels of indebtedness reached during the 1970s were becoming increasingly difficult to manage. By the middle of the 1980s, the existence of a crisis was apparent in farm failure rates that had reached levels that had not occurred since the 1930s and in the fact that large numbers of agricultural banks were failing and agencies that provide loans to farmers and ranchers were experiencing unprecedented losses. Small towns in agriculturally dependent rural areas were losing businesses, populations and related services, and extremely high rates of socioemotional problems were noted among rural residents in agriculturally dependent areas of the nation. |