42.2k views
4 votes
What was the most likely reason farmers were paid to plant less cotton in the early years of the great depression?

User Jameh
by
5.6k points

2 Answers

0 votes

Answer:

to raise the price of cotton and increase each cotton farmer's income

Step-by-step explanation:

During the Great Depression farmers were often paid to plant less cotton in order to raise the price of cotton and increase each cotton farmer's income. Since the high supply leads to low prices, the decrease in the availability of cotton led to higher prices, which was great for the farmers.

User Tim Dierks
by
5.6k points
3 votes

The Great Depression in America was due to the overproduction of goods, including the agricultural goods. In order to stop this, the government was actually paying the farmers to plant less, such as the cotton farmers. The main purpose behind this measure was to stop the farmers to overproduce cotton, as when that kind of situation was occurring on the market, the prices were dropping rapidly, and the inflation was increasing significantly.

User Yidne
by
6.3k points