How Did the Farm Population in the United States Change

question 27

Multiple Choice

How did the farm population in the United States change between 1950 and today?

• A)It dropped from 10 million to fewer than 3 million people.
• B)It dropped from 20 million to fewer than 5 million people.
• C)It dropped from 30 million to just over 6 million people.
• D)It increased from 10 million to almost 13 million people.

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Definitions:

Average Tax Rates

The ratio of the total amount of taxes paid to the total income, indicating the percentage of income that goes towards taxes.

Regressive Tax

A tax system that takes a smaller percentage of income from individuals as their income increases, often considered less fair to lower-income earners.

Payroll Taxes

Financial obligations required from both employers and employees, pegged to a fraction of the payroll expenses incurred by employers.

Federal Tax Revenues

The income received by the federal government from taxes and other sources used to fund public expenditures.