Download or read book Agricultural Economics Research, Vol. 25 written by U. S. Economic Research Service and published by Forgotten Books. This book was released on 2017-12-13 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Agricultural Economics Research, Vol. 25: July 1937 Net worth per farm family averages almost twice that of all u.s. Families (9, p. 161) because farm families save and reinvest a large proportion of their income in the farm business. Also, farm families have benefited greatly from capital gains on farm real estate. Thus, net worth should be considered along with income when discussing the economic situation of farm families. Why are both income and net worth important when considering the economic situation of people? Because money income alone understates the true economic situation. Two individuals with low money incomes, one having substantial net worth and the other having little, would be economically dissimilar. Yet, in most income statistics, the two would be considered together. A new concept called economic well-being, which takes account of both income and wealth, is used in this study. The purpose is to determine the effect of net worth on the level and distribution of economic well-being among farm families. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.