Danes, S. M. & Rettig K.
(1995). Economic adjustment strategies of farm men and women experiencing
economic stress. Financial Counseling and Planning, 6, 59-73.
Adjustment Strategies of Farm Men and Women Experiencing Economic Stress
Sharon M. Danes (1)
and Kathryn Rettig (2)
Adjustment strategies of 337
farm men and women who faced economic stress were studied. Thirty-seven
strategies were combined into one total-item scale with four subscales
(increasing and extending money income, decreasing money expenditures,
increasing household labor income, and increasing household management income.)
Regression analyses for the scales were performed with economic and human
resources as independent variables. Predictors of adjustment strategies
differed by gender. Income adequacy perception and perceived emotional stress
were significant for females, but only perceived emotional stress was
significant for males. Perceiving incomes as inadequate increased adjustment
activities for all four adjustment strategy scales, for women.
Key Words: economic adjustment
strategies, economic stress, financial counseling, farm operators
Sharon M. Danes, Associate Professor, Department of Family Social Science,
College of Human Ecology, University of Minnesota, 290 McNeal Hall, 1985 Buford
Ave., St. Paul, MN 55108. Phone: (612) 625-9273 Fax: (612) 625-4227. E-mail: email@example.com.
2. Kathryn Rettig, Professor,
Department of Family Social Science, College of Human Ecology, University of
Minnesota, 290 McNeal Hall, 1985 Buford Ave., St. Paul, MN 55108. Phone: (612)
625-9273 Fax: (612) 625-4227. E-mail: firstname.lastname@example.org.
* Research was supported by the
Minnesota Agricultural Experiment Station Projects 52-055, 52-054, 52-058 and
the Minnesota Extension Service. The authors wish to thank Dr. Jean W. Bauer for
research collaboration and Susan Keskinen and Cathy Schulz for research
entire article (Has all content except tables, but format is different from