Distribution of Income By States in 1919
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Without an actual census of farmers' incomes, the extraordinary diversity of production and costs presents problems which can only be solved in rough approximations. In addition the reports of the Department of Agriculture contain duphcations which may be elim- inated only in a broad way. These reports do not differentiate between the crops which are sold as crops and those which are sold or used to feed animals.
While such corrections may be made for the country as a whole with a tolerable deg...ree of accuracy, errors are apt to loom large in the subdivi- sions by States. Since it has not been possible to divide all the items of product or of expenses among the States, the larger ones only have been chosen and used as an index of the proportions in which the total farmers' income of $10,850 milhon was divided. As a matter of fact the total re- sulting from the use of this index came very near the national total, being $10,978 milhon; but the closeness of these figures is largely a matter of chance, for among the products of each State no account has been taken of the direct income received by the farmers, such as milk, butter, vegeta- bles, home rent, etc.
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To quickly assess the difficulty of the text, read a short excerpt:
Without an actual census of farmers' incomes, the extraordinary diversity of production and costs presents problems which can only be solved in rough approximations. In addition the reports of the Department of Agriculture contain duphcations which may be elim- inated only in a broad way. These reports do not differentiate between the crops which are sold as crops and those which are sold or used to feed animals.
While such corrections may be made for the country as a whole with a tolerable deg...ree of accuracy, errors are apt to loom large in the subdivi- sions by States. Since it has not been possible to divide all the items of product or of expenses among the States, the larger ones only have been chosen and used as an index of the proportions in which the total farmers' income of $10,850 milhon was divided. As a matter of fact the total re- sulting from the use of this index came very near the national total, being $10,978 milhon; but the closeness of these figures is largely a matter of chance, for among the products of each State no account has been taken of the direct income received by the farmers, such as milk, butter, vegeta- bles, home rent, etc.
What to read after Distribution of Income By States in 1919?
You can find similar books in the "Read Also" column, or choose other free books by Oswald Whitman Knauth to read onlineMoreLess
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