SlideShare a Scribd company logo
US Farming Facing Financial Crisis
Five key conditions precipitated farm crises: new
technology, rising crop prices, skyrocketing land prices,
escalating farm debt, and overproduction causing
price crashes
The widespread adoption of
mechanization in the late 1910s
ushered in the era of Power
Farming, culminating in the
devastating Dust Bowl due to
financial challenges
A second surge in technology, known as chemical farming, emerged in the 1970s leading to
farm foreclosures
Today, the use of genetically matched seed and
pesticide is the trigger for the five steps leading to
a farm crisis.
Find Out More At
https://www.insightsoninnovation.net/

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US Farming Facing Financial Crisis siis.

  • 1. US Farming Facing Financial Crisis
  • 2. Five key conditions precipitated farm crises: new technology, rising crop prices, skyrocketing land prices, escalating farm debt, and overproduction causing price crashes
  • 3. The widespread adoption of mechanization in the late 1910s ushered in the era of Power Farming, culminating in the devastating Dust Bowl due to financial challenges
  • 4. A second surge in technology, known as chemical farming, emerged in the 1970s leading to farm foreclosures
  • 5. Today, the use of genetically matched seed and pesticide is the trigger for the five steps leading to a farm crisis.
  • 6. Find Out More At https://www.insightsoninnovation.net/