Proposes reasons for the precipitous drop in the number of Black farmers since the 1950s. Today, most Black farmers have very small operations and are at an advanced age. A healthy rural nonfarm economy is essential to supplement farmers incomes. The Agriculture Credit Act of 1987 offers low-interest loans to Black farmers. (KS)

Bank failures are at record high levels with about two-thirds of the failed banks in rural areas, especially farm areas. Most failed banks are purchased and reopened immediately with little disruption to rural communities except that new ownership tends toward lending practices that are more conservative than the average. (JHZ)

Small farmers are a diverse group, ranging from part-time hobbyists with good off-farm jobs to full-time operators. General rural development policies, rather than traditional farm policies, may be the best method to help those small farmers who earn insufficient income. (JHZ)

Interest rates are the primary channel for transmitting changes in national and international macroeconomic policy to the United States farmer. Interest rates affect demand through exchange rates that determine the prices foreigners pay. They affect supply through farmers' production costs that determine the price they need to stay in business.…

Problem farm debts may translate into slow growth for rural communities, with local banks unable to offer credit even to credit worthy borrowers. Communities served by branches of large banking organizations are probably better off than communities served only by small independent banks. (Author)

Survey information from 1,616 farm families in Wisconsin, Mississippi, and Tennessee was used to construct a viability ratio measuring a family's ability to meet its obligations from total income. Coupled with other farm characteristics, the ratio allows policymakers to see why some farms are viable and others are not. (JHZ)

Agricultural and rural concerns affected the writing of the Constitution in at least three ways: (1) in the issues that led to the calling of the Constitutional Convention; (2) in the debates during the convention itself; and (3) in the ideology of government held by many of the framers. (JHZ)

Farm policy alone is no longer a sufficient development policy for today's rural America. Rural economies have changed over the last 30-40 years from reliance on farming to greater reliance on manufacturing and service industries. Rural economic development policies need to reflect today's changed rural economy. (Author)

Compares traits and attitudes of two Illinois farming communities with populations characterized as "German yeoman" and "Yankee entrepreneur." Discusses how community characteristics shape responses to social and economic changes and affect the course of economic development. (SV)

Europe and America share a host of similar rural problems but not a common approach to solving them. Social and political differences make it unlikely that we can easily adopt European programs, but observing the similarities can help us understand the global nature of rural development issues. (JHZ)

Discusses history of United States government programs to ameliorate rural living and economic conditions. Contrasts early successful efforts to improve physical characteristics--road, electricity--with recent lack of success in dealing with intractable problems--unemployment, persistent poverty. Chart of rural development actions outlines rural…