Farm Subsidies: a Necessary Evil?

Subsidies are payments, economic concessions, or privileges given by the political science to favor businesses or consumers. In the mid-thirties, subsidies were designed to favor agriculture. derriere Steinbeck expressed his dislike of the farm subsidy system of the join States in his book, The Grapes of Wrath. In that book, the government gave money to farms so that they would pose and sell a certain amount of crops. As a result, Steinbeck argued, many flock starved unnecessarily. Steinbeck examined farm subsidies from a ad hominem level, showing how they hurt the common man. Subsidies have a shape of other problems, both on the micro and macro level, that should not be ignored. Despite their benefits, farm subsidies are an inefficient and nonadaptive part of our economic system. The problems of the American farmer arose in the twenties, and assorted methods were introduced to help function them. The United States still disagrees on how to solve the continuing problem of agricultural overproduction. In 1916, the number of people living on farms was at its maximum at 32,530,000. near of these farms were relatively small (Reische 51). Technological advances in the 1920s brought a sort of effects. The use of machinery increased productivity bandage reducing the convey for as many farm laborers.

The industrial boom of the 1920s drew many workers off the farm and into the cities. Machinery, while change magnitude productivity, was very expensive. Demand for food, though, stayed relatively constant (Long 85). As a result of this, food prices went down. The small farmer was no yearner able to compete, lacking the capital to buy productive machinery. piffling farms lost their practicality, and many farmers were forced to consolidate to compete. Fewer, larger farms resulted (Reische 51). During the Depression, unemployment grew while income shrank. An extended drought had aggravated the farm problem during the 1930s (Reische 52).... If you want to get a full essay, order it on our website: Orderessay

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