Not guilty? Agriculture in the 1920s and the Great Depression

Giovanni Federico

doi:10.1017/S0022050705000367

Not guilty? Agriculture in the 1920s and the Great Depression

Giovanni Federico

Economics

Research output: Contribution to journal › Article › peer-review

Abstract

Agricultural distress in the 1920s is routinely quoted among the causes of the Great Depression. This article challenges the conventional wisdom. World agriculture was not plagued by overproduction and falling terms of trade. The indebtedness of American farmers, a legacy of the boom years 1918-1921, did jeopardize the rural banks, but the relation between their crises, the banking panic of 1930, and the Great Depression is tenuous at best.

Original language	English (US)
Pages (from-to)	949-976
Number of pages	28
Journal	Journal of Economic History
Volume	65
Issue number	4
DOIs	https://doi.org/10.1017/S0022050705000367
State	Published - Dec 2005

ASJC Scopus subject areas

History
Economics and Econometrics
Economics, Econometrics and Finance (miscellaneous)

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10.1017/S0022050705000367

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Not guilty? Agriculture in the 1920s and the Great Depression

Abstract

ASJC Scopus subject areas

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