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This paper’s purpose is to facilitate effective decision making by individual farm families, non-farm persons in rural communities, and local to national public policy makers as they considered their responses to the unexpected farm financial reversals of the 1980s.
Analyses include levels and changes in net household income from farm and non-farm sources; asset and debt levels and the financial restructuring of the farm businesses; off-farm employment of farm employment of farm operators and spouses; the exit of families from farming; and the future plans of farm families.
