Modern Economic Problems eBook

Frank Fetter
This eBook from the Gutenberg Project consists of approximately 554 pages of information about Modern Economic Problems.

Modern Economic Problems eBook

Frank Fetter
This eBook from the Gutenberg Project consists of approximately 554 pages of information about Modern Economic Problems.

Sec. 4. #Period of decaying agricultural prosperity#.  Despite the facts just stated, every campaign orator admits that there is no other occupational class of the nation of greater importance to the nation than the farmers, or more deserving of prosperity.  Every other part of the industrial organization of a nation is interrelated with its agriculture.  Great changes, in respect to growth of population, immigration, exhaustion of natural resources, mechanical inventions, scientific discovery, and many things more, have been occurring, which have altered and, in some communities, have destroyed the very foundations of agricultural enterprise in America since the close of the Civil War in 1865.  But the farmers have been left to struggle individually with their individual difficulties, tho the outcome was of the gravest portent to the whole social economy.  Such was the case in the period of agricultural depression from 1873 to about 1896.[3] Multitudes of ancestral homesteads were then left behind by the last farmer-descendant of the old line.  No longer able to make a living on the soil, he took up an urban occupation.

Sec. 5. #Sociological effects of agricultural decay#.  Such changes caused a relative decline in the birthrate of the old American stock.  The places of many of these long-settled families remained unfilled as thousands of abandoned farm houses testified.  The places of others were taken by a tenantry, white or black, lacking the thrift of ownership; the lands of others passed to new owners of alien races.  The populations of many rural neighborhoods thus became heterogeneous, with results calamitous to the social life.  Once prosperous schools declined, once thronging country churches were deserted, and much of the old neighborhood democracy disappeared.  When, about the year 1900, prosperity began slowly to return to the American countrysides in the form of rising prices of farm produce, it was in large part too late to remedy the evil, except as it may be done by generations of effort under more favoring conditions.  There are merely suggested here some of the complex sociological effects of past economic changes in American agriculture.  It is certain that in the future also the economic changes in this field will be related closely to social and political changes of a fundamental character.

Sec. 6. #Fewer, relatively, occupied in agriculture; use of machinery.# Probably ever since the first census in 1790, the relative number of agriculturists in this country has been decreasing.  Beginning in 1880, the numbers of those occupied in agriculture for gain have been reported at the census dates in a form that makes them fairly comparable.[4]

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Modern Economic Problems from Project Gutenberg. Public domain.