Answer:
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The New Deal tried to stabilize agriculture by implementing the AAA. The AAA (Agricultural Adjustment Act) paid farmers not to make more of their crops. Franklin D. Roosevelt did this because farmers had created a surplus of goods, meaning they had produced more goods than consumers wanted to buy. This surplus lead to a sharp decline in price. By stopping the farmers from farming, it helped to increase the price of goods, as there would no longer be a surplus once citizens kept buying the goods.
The New Deal tried to stabilize industry by creating the National Recovery Administration (NRA). This focused on having the government and businesses work together in order to establish a code of ethics for businesses and to set prices for goods in order to stimulate the economy.
The correct answer to this open question is the following.
President Nixon's attempts to end stagflation failed because he tried to reduce the amount of money in circulation, he allowed inflation rates to increase, prices went high, and he tried to cut expenditure but Congress intervened and did not allow this to happen. People did not like the idea to pay more taxes neither that prices were high. Unemployment rates increased in this period and the US economy jeopardized. Another thing Nixon decided to do was to devaluate the dollar, facing the Oil Embargo imposed on the United States by the Arab countries.
