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Abstract
This study examined the null hypothesis that
getting started in farming in the 1970's was not
more difficult than it was in earlier periods in
the twentieth century. Comparative budgets were
constructed using farm survey and farm account
data for three different regions at four different
time periods. In terms of years of farm
wages required to earn beginning equity and cash
flew to meet debt payments and family living
costs, the null hypothesis was accepted. In general
1978-80 was more like 1910-12 than the more
difficult times of 1930-32 and 1950-52.