A farm crisis is an American term for a time of agricultural recession, low

crop A crop is a plant that can be grown and harvested extensively for profit or subsistence. In other words, a crop is a plant or plant product that is grown for a specific purpose such as food, Fiber, fibre, or fuel. When plants of the same spe ...

prices and low farm

income Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. F ...

s. The Interwar farm crisis was an extended period of depressed agricultural incomes from the end of the First to the start of the

Second World War World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...

. The most recent US farm crisis occurred during the

1980s File:1980s replacement montage02.PNG, 335px, From left, clockwise: The first Space Shuttle, ''Space Shuttle Columbia, Columbia'', lifts off in 1981; US president Ronald Reagan and Soviet Union, Soviet General Secretary of the Communist Party of ...

.Bob McBride. "Broken Heartland: Farm Crisis in the Midwest", ''The Nation'', v242 February 8, 1986, 132-133.

References

{{reflist Agricultural recessions Recessions in the United States