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agrarian scissors

noun

Etymology

Primarily a calque of Hungarian agrárolló. See price scissors, scissors crisis.

Definitions

  1. The disparity between the prices of agricultural and industrial products.

    • The price of wheat was down now to 7.76 gold francs per quintal, opening the “agrarian scissors” to the extraordinary angle of 70.4 per cent. […]
    • The agrarian scissors were set at an angle of 59.4% as late as 1940, and the living standard was 33% to 64% lower than it had been in 1916.

The neighborhood

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sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA