Question

The Agricultural Adjustment Act that was established in the early days of the New Deal actually paid farmers to plant less cotton. It was a way of restricting the cotton supply to increase the price. The Bankhead Cotton Control Act of 1934 controlled cotton production even more tightly. What impact did these New Deal policies have on the economy of Georgia

Answer 1

The policies have in fact succeeded in their aim and that is that hey increased the price of agricultural products. For example national cotton price increased from 6.52 cents for a pound to 12.36 cents for a pound. But the AAA for example had the unintended consequence of favoring the landowners and not sharecroppers thus the wealth from this increase in price was not distributed to everyone equally. Thanks to subsidies landowners could by cutting edge equipment which led to loss of jobs for many sharecroppers as one tractor could the work of multiple men and they were more efficient.