INTER WAR YEARS 1919 TO 1939
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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By telling farmers to increase crop production
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By increasing competition between farmers
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By asking farmers to reduce crop production
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By asking banks to lower interest rates for farmers
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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.
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: -The Agricultural Adjustment Administration (AAA) brought relief to farmers by paying them to curtail production, reducing surpluses, and raising prices for agricultural products.
Detailed explanation-4: -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.