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The Trend Towards Fewer And Larger Farms As Economic Growth Occurs - Online Term Paper

The Trend Towards Fewer And Larger Farms As Economic Growth Occurs

The structure of US agriculture has been shaped towards less but the
farms are larger. In the early times of this country, people could make a
living on the 160 acres they had received from The Homestead Act of 1862. This
act gave families clear titles to 160 acres if they had lived on it for five
years. Though in today's changing world farmers have been forced to increase
the sites of their operations or go out of the farming business. The farming
business is a way of life to most of those who do it and do not want to quit
doing it now but with the off of the farm incomes increasing all of the time it
is making farmers change their way of life.
The Agriculture Economics and ...

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agriculture
numbered 271,000 farms in the 1980's. This number increased to 326,000 farms by
1991. The off of the farm income of this sector is only $20,847 per farm. The
total income per farm averaged $180,276 per year. This sectors main income
comes from farming and very little of its income comes from off of the farm jobs.
This sector is growing because there is becoming more big farms that produce
most of our food.
The second sector is called the declining sector. This sector includes
the farms that sold products between $20,000 and $99,000 worth of products a
year. Those farms decreased from 637,000 in 1980 to 549,000 in 1991. These
farms produced only 16%of the total farming output. The income for those farms
operators averaged $47,018 per farm in 1991. This used to be the most popular
sector of farming people made there living off of small farms like this but
within the last 20 years this sector has decreased growth and is decreasing more
all the time. These ...

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The Trend Towards Fewer And Larger Farms As Economic Growth Occurs. (2008, September 22). Retrieved November 23, 2024, from http://www.essayworld.com/essays/Trend-Towards-Fewer-Larger-Farms-Economic/90297

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"The Trend Towards Fewer And Larger Farms As Economic Growth Occurs." Essayworld.com. September 22, 2008. Accessed November 23, 2024. http://www.essayworld.com/essays/Trend-Towards-Fewer-Larger-Farms-Economic/90297.

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PAPER DETAILS

Added: 9/22/2008 09:12:04 AM
Category: Economics
Type: Premium Paper
Words: 709
Pages: 3

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