What was the purpose of the Agricultural Adjustment Act (AAA) and how did it aim to achieve its goals?
Instructor solution
The purpose of the Agricultural Adjustment Act (AAA) was to raise crop prices by reducing agricultural production. The government paid farmers subsidies to leave a portion of their land unplanted, thereby reducing crop surplus and increasing the value of crops.
Think you've got it?
How did the Agricultural Adjustment Act (AAA) aim to raise crop prices?
- A.
By increasing tariffs on imported goods
- B.
By paying farmers to reduce crop production
- C.
By providing loans to small businesses
- D.
By building new irrigation systems
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