THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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by increasing competition among farmers
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by reducing production to raise crop prices
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by asking banks to lower interest rates for farmers
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by increasing production to boost crop surpluses
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Detailed explanation-1: -The Agricultural Adjustment Act of 1933 attempted to increase farm prices by reducing farm production by paying farmers to plant fewer crops. Was this answer helpful?
Detailed explanation-2: -The Agricultural Adjustment Act (AAA) was a federal law passed in 1933 as part of U.S. president Franklin D. Roosevelt’s New Deal. The law offered farmers subsidies in exchange for limiting their production of certain crops. The subsidies were meant to limit overproduction so that crop prices could increase.
Detailed explanation-3: -Which of these BEST describes how the Agricultural Adjustment Administration (AAA) had an effect on farmers in Alabama and other parts of the American South? It limited the production of cash crops, such as cotton.