The Role of Agriculture in the North Dakota Economy
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Date
1994
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North Dakota State University
Abstract
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Information in 1991 showed that agriculture comprised 35.4% of the total economy in North Dakota. Factors affecting such normalcy in such figures included low commodity prices, drought and recent problems in the agricultural sector all contributed a long-term downturn in farm numbers. The economic base and agriculture and related employment are analyzed. Given ups and downs in agriculture and resulting ventures into other fields, agriculture was still in the Winter of 1994 the most important segment of the North Dakota economy.