The tobacco price support system had several effects. First, it allowed thousands of farm families to stay on the land and not m
ove to the towns where jobs were scarce. Since price supports lasted for years, these families could better their lot and still live like their ancestors had. Second, it meant that voters in the east continued to be closely tied to the Democratic Party, which devised the plan. Third, it provided merchants, bankers, and warehousemen in the towns on Tobacco Road with guaranteed business. Towns like Greenville and Kinston continued to set their school terms and schedule their store sales by the phase of the tobacco season. Tobacco Road had been a dirt path for many, but the New Deal turned it into a paved highway. What were the effects of the tobacco price support system? Check all that apply.
a. Many farmers were able to hold on to their land.
b. Tobacco farmers no longer had to follow set prices.
c. The Democratic Party was promoted across the state.
d. Farmers were guaranteed an income for several years.
e. Business declined in towns that were part of the tobacco industry.
We estimated that the tobacco price support program increased the price of tobacco leaf by $0.36 per pound. This higher tobacco price translates to a $0.01 increase in the price of a pack of cigarettes and an estimated 0.21% reduction in cigarette consumption.
Cause of the war was King John 's refusal to act according to what he had agreed upon by signing the Magna Carta. Some may say Magna Carta was not voluntarily agreed upon by John and some clauses were outright unrealistic; that John had the barons up to the ears, and simply signed to get them off his back.
Champlain made the decision to establish theFrench<span> Catholic settlement called Port Royal at the Bay of Fundy on the Atlantic coast of </span>North America<span>between the Canadian provinces of New Brunswick and Nova Scotia.</span>
Why is the growth rate in agriculture decelerating?
The growth rate in agriculture is decelerating due to reduction in public investment in agriculture especially for irrigation, power, rural roads etc, fertilisers has decreased leading to increase in the cost of production, reduction in import on agricultural goods.
