Answer: Creation of a federal agricultural program to regulate farm prices.
Explanation: Herbert Hoover became the 31st president of the United States right when the country, and the world, was on the verge of a major financial crisis; the Great Depression. Although Hoover attempted several policies to try and help change the situation, both his conservative views on government interventionism, and other factors, prevented these policies from having the desired effect. Among the many areas of American life in which Hoover attempted to help with his policies, was the agricultural field. As such, in 1929 he signed into law the Agricultural Maketing Act, and established with it the Federal Farm Board, which attempted to stabilize prices through cooperatives and corporations, ensure the proper sale of American agricultural products and also ensure the buying of the surplus production by the federal government to help with the stabilization of prices.