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Agricultural Terms of Trade in Four Midwestern States, 1870–1900

Bibliographic Data

ID10101223
AuthorsJohn D Bowman (0000-0002-1168-129X, University of Illinois at Springfield, corresponding author), Richard H Keehn (University of Wisconsin–Parkside)
Year1974
Volume34
Issue3
Pages592-609
Publication date1974-09-01
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic History (JOURNAL)
Journal identifiersISSN: 0022-0507 • E-ISSN: 1471-6372
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s002205070007981x
OpenAlexW2144554525
LanguageEN
Citations received10
References cited10

From the end of the Civil War down to 1900, the American agricultural sector was subject to continuous political and social upheaval. While the South and Far West were a part of this movement, the heartland of protest remained in the Midwest. The traditional view has been that this unrest and protest was at least partially based on the worsening economic position of the farmer. Farmers complained of being exploited by moneylenders, victimized by railroads and other middlemen, cheated by speculators and faced with prices received falling faster than prices paid, thus reducing real purchasing power. This last view is put forth by Faulkner: “While the prices of farm commodities declined, those of manufactured products, dominated by monopoly practices, remained high or did not decline proportionally.”

Agricultural economics · Agriculture · Economic history · Economic policy · Economics · Economy · Geography · Keynesian economics · Market economy · Monopoly · Political economy · Political science · Politics · Position (finance · Power (physics · Purchasing power · Social unrest · Spanish Civil War · Speculation · Subject (documents · Unrest · American History and Culture · Finance · Law

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Citations per year0.2
Citation span1977 - 2013 (37)
Highly citedNo

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