Asked by Michael Buckley on Jun 10, 2024
Verified
The Agricultural Adjustment Act attempted to restore the purchasing power of farmers by encouraging them to __________________.
A) purchase more efficient farm equipment
B) increase their production of foodstuffs
C) limit their production of specific crops
D) donate their surplus crops to the unemployed
Agricultural Adjustment Act
A New Deal legislation passed in 1933 aimed at reducing agricultural production through financial incentives, thus raising farm prices.
Limit Production
A policy or practice aimed at curtailing the amount of goods manufactured or services provided, often to stabilize or increase prices or to conserve resources.
- Distinguish and interpret the contribution of various organizations and laws in mitigating the financial crisis during the 1930s.
- Acknowledge the socio-economic issues and strategies adopted by various groups during the depression period.
Verified Answer
SA
Sarah AccettaJun 16, 2024
Final Answer :
C
Explanation :
The Agricultural Adjustment Act sought to increase farm prices and therefore restore the purchasing power of farmers by paying them to reduce the amount of crops they produced. This was done through a variety of measures including granting subsidies to farmers who limited their production of specific crops.
Learning Objectives
- Distinguish and interpret the contribution of various organizations and laws in mitigating the financial crisis during the 1930s.
- Acknowledge the socio-economic issues and strategies adopted by various groups during the depression period.
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