What was the only crop that the Federal Crop Insurance Corporation originally insured?

History

1 answer:

Lemur [1.5K]3 years ago

5 0

Answer:

cotton

In 1939, its first year of operation, the FCIC insured 165,775 farms and disbursed 2.6 million more bushels in indemnities than it collected in premiums. In 1940 the agency began insuring cotton as well as wheat.

Explanation:

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