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2020 | OriginalPaper | Buchkapitel

11. Coping with Twin Shocks

verfasst von : Stephanie A. Mercier, Steve A. Halbrook

Erschienen in: Agricultural Policy of the United States

Verlag: Springer International Publishing

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Abstract

This chapter discusses how American farmers were struck with twin massive shocks over the course of a few years. The first shock was the Great Depression, which started with a catastrophic stock market crash in October 1929, eventually undermining overall demand for agricultural products. The second was the Dust Bowl, a prolonged event which began in 1931, consisting of an eight-year drought combined with an endless series of wind storms which picked up topsoil from several states in the Great Plains and scattered it for thousands of miles. The dominant cultivation practices used in the region, breaking up the perennial grasses and plowing deeply into the ground to plant crops, magnified the impacts of the adverse weather.

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Vorheriges Kapitel Bringing Equity to Agricultural Input and Output Markets

Nächstes Kapitel Early Federal Policy Responses

Nur mit Berechtigung zugänglich

This case was decided on a 5–4 vote, with the majority opinion written by Chief Justice Charles Evans Hughes.

This tally excludes New Mexico, which grew relatively little grain early in the twentieth century.

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The Soil Conservation Service was renamed the Agricultural Stabilization and Conservation Service (ASCS) in 1961, operating both farm support and conservation programs. In 1994, most of the conservation functions were split off into a new Agency, the Natural Resources Conservation Service (NRCS), although the agency charged with managing farm programs also retained control over the Conservation Reserve Program.

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Titel: Coping with Twin Shocks
verfasst von: Stephanie A. Mercier
Steve A. Halbrook
Verlag: Springer International Publishing
Buch: Agricultural Policy of the United States
Print ISBN: 978-3-030-36451-9

Electronic ISBN: 978-3-030-36452-6

Copyright-Jahr: 2020
DOI: https://doi.org/10.1007/978-3-030-36452-6_11

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