CRC Press - The Farm Financial Crisis Book

Explore the complex socioeconomic landscape of rural America through this detailed study of the 1980s agricultural collapse. After a decade of prosperity, the agricultural base faced a severe financial crisis as land values and export markets declined. This book examines the period when levels of indebtedness from the 1970s became unmanageable for many producers. Readers will gain insight into the economic pressures that led to farm failure rates comparable to those seen during the 1930s. The text analyzes the impact of declining commodity demand and the resulting failures of agricultural banks and lending agencies. It provides a deep look into the implications for producers and the broader rural areas during this period of instability. This resource is essential for those studying economics, agricultural history, or the financial structures of rural communities.