CAPITAL-GOODS AS A FACTOR IN PRODUCTION 



279 



2 3 3 to 31.0, or about 34 per cent. From these figures it appears 

 that in the last twenty years, by the aid of machinery, and the substi- 

 tution of horse power for hand labor, the effectiveness of human labor 

 on farms has been increased to the extent of about 33 per cent. 



84. FARM BUILDINGS, FARM MACHINERY, AND LIVE 

 STOCK 1900 TO 19 io x 



Table VII shows, by geographic divisions and sections, the value 

 of farm property of various classes, together with the amounts and 

 percentages of change between 1900 and 1910. 



TABLE VII 



1 Thirteenth Census of the United States, Vol. V, pp. 41-47. 



