1. There Were More and More Farmers Year Farmers 1870 6,430,000 1880 8,610,000 1890 9,990,000 1900 10,710,000 1910 11,340,000 1920 11,120,000

2. But Farmers Declined as a Work Group

3. Year Number ofValue (inAverage Farmsbillions $)Value 1870 2,660,000 $ 9.4 $ 3,534 1900 5,737,000 $ 20.4 $ 3,554 1920 6,518,000 $ 78.4 $ 12,025 More Farms of More Value

4. Period Gross Domestic Product ( in $ billion) 1869-1878 $400 1892-1901 $1,500 1912-1921 $2,000 The Value of Agricultural Products Grew

5. Period Value (in % of Gross $ billion) Domestic Product 1869-1878 $400 37.6% 1892-1901 $1,500 23.2% 1912-1921 $2,000 15.7% But Ag Lost Its Share of the Value

6. Period% to AgricultureManufacturing 1869-187920.513.9 1879-188916.116.6 1899-190816.718.4 1909-191817.720.8 And Its Share of National Income Fell