Asked by Tamarrah' Haynes on Jun 27, 2024
Verified
The primary objective of the Farmers' Holiday Association was to __________________.
A) keep farm products off the market in order to limit the supply and drive prices up
B) obtain compensation for untilled acreage
C) obtain legislation requiring the government to buy up farm surpluses
D) convince the government to guarantee farm mortgages
Farm Products
Goods produced by agriculture, including a variety of foods, fibers, and raw materials like grains, vegetables, fruits, and livestock products.
Supply And Prices
The relationship between the availability of a good or service (supply) and the price it commands in the market, often illustrating basic economic principles of demand and supply.
- Discern and clarify the part played by diverse institutions and legislations in combating the economic turmoil of the 1930s.
- Become aware of the socio-economic challenges and measures implemented by diverse groups amid the depression.
Verified Answer
MB
Mitchell BarlaJun 27, 2024
Final Answer :
A
Explanation :
The Farmers' Holiday Association's main strategy was to organize farmers to withhold crops from the market, thereby limiting supply and driving prices up. This was called a "holiday" from selling crops, hence their name. This was a direct response to falling prices due to overproduction during the Great Depression.
Learning Objectives
- Discern and clarify the part played by diverse institutions and legislations in combating the economic turmoil of the 1930s.
- Become aware of the socio-economic challenges and measures implemented by diverse groups amid the depression.
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