THE GREAT DEPRESSION 1929 1940
FRANKLIN D ROOSEVELTS NEW DEAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A. Loaned money to sharecroppers and tenant farmers so they could purchase land of their own
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Farm Security Administration
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Agricultural Adjustment Act
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none of these
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None of the above
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Explanation:
Detailed explanation-1: -National Bank for Agriculture and Rural Development (NABARD) This financial institution is the one which has conceptualized the provision of financial aid to the farmers back in the 1980s. For credit in the field of agriculture, all the Indian banks fall under the authority of NABARD.
Detailed explanation-2: -Tenant farmers usually received between two-thirds and three-quarters of the harvest, minus deductions for living expenses. Sharecroppers, however, received only half the crop, from which landowners deducted rent and any credit (with interest) for supplies provided for the family’s subsistence.
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