The Balance Sheet of Agriculture, 1946

Download or read book The Balance Sheet of Agriculture, 1946 written by Alvin Samuel Tostlebe and published by . This book was released on 1947 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agriculture viewed in its entirety reached the year 1947 with assets of 111,209 million dollars, the largest in history. The huge wartime increases in the market valuations of farm real estate and other physical assets and the extensive gains in money and in savings bonds were followed by still further increases in all these items in 1946, the first full postwar calendar year. For only one major item was the wartime trend of the individual Balance Sheet items reversed: Instead of decreasing during 1946 as it had in other recent years, agricultural debt increased.