The Agricultural Adjustment Act is an example of what kind of payment?

1 answer:

4 0

The Agricultural Adjustment Act (AAA) was a United States federal law of the New Deal era which reduced agricultural production by paying farmers subsidies not to plant on part of their land and to kill off excess livestock. Its purpose was to reduce crop surplus and therefore effectively raise the value of crops. An all-encompassing farm-relief bill, the Agricultural Adjustment Act (May 1933), embodied the goals of the main national agricultural groups.

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