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This is an article about the "Agricultural Adjustment Act of 1938". For the act by the same name in 1933, see Agricultural Adjustment Act.. The Agricultural Adjustment Act of 1938 (Pub. L. 75–430, 52 Stat. 31, enacted February 16, 1938) was legislation in the United States that was enacted as an alternative and replacement for the farm subsidy policies, in previous New Deal farm legislation ...
Long title: An Act to relieve the existing national economic emergency by increasing agricultural purchasing power, to raise revenue for extraordinary expenses incurred by reason of such emergency, to provide emergency relief with respect to agricultural indebtedness, to provide for the orderly liquidation of joint-stock land banks, and for other purposes.
The limited benefit to farmers was supposed to outweigh the ongoing hurt to consumers who paid higher food prices. On May 12, 1933, President Franklin D. Roosevelt signed the Agricultural Adjustment Act (AAA) of 1933 into law. [12] The AAA also included a nutrition program for consumers, the precursor to food stamps. [15]
In 1933, with many farmers losing money because of the Great Depression, President Franklin D. Roosevelt signed the Agricultural Adjustment Act, which created the Agricultural Adjustment Administration (AAA). [2] The AAA began to regulate agricultural production by destroying crops and artificially reducing supplies.
Agricultural Adjustment Act Amendment of 1935; Other short titles: Potato Control Act of 1935: Long title: An Act to amend the Agricultural Adjustment Act, and for other purposes. Enacted by: the 74th United States Congress: Effective: August 24, 1935: Citations; Public law: 74-320: Statutes at Large: 49 Stat. 750: Codification; Titles amended ...
In light of this decline, President Franklin D. Roosevelt passed the Agricultural Adjustment Act of 1933. This plan imposed acreage limitations on farmers in return for federal benefit payments. By limiting supply, the Act explicitly sought to raise prices and reestablish the relative purchasing power of farmers that had prevailed from 1909 to ...
With consumer prices and inflation at 40-year highs and the Social Security cost-of-living adjustment (COLA) lagging, retirees are seeing their benefits stretched to the limit. Rising Gas Prices ...
Agricultural Adjustment Act of 1938; Agricultural Adjustment Act of 1980; Agricultural Appropriation Act of 1923; Agricultural Credit Act of 1987; Agricultural Experiment Stations Act of 1887; Agricultural Fair Practices Act of 1967; Agricultural Market Transition Act; Agricultural Marketing Act of 1929; Agricultural Marketing Agreement Act of ...