Question

The goal of the Agricultural Adjustment Act of 1933 was to raise farm income mainly through: a. a government takeover of the commodity trade in Chicago b. marketing quotas c. cutbacks in production d. state and federal subsidies e. intensive farming

Answer 1

C) cutbacks in production

Step-by-step explanation:

The Agricultural Adjustment Act of 1933 (part of New Deal) basically paid farmers so that they wouldn't grow crops on a certain percentage of their farming land. Its main focus was set on reducing the total production of certain crops and certain stock numbers, specially hogs (pigs), and the refinancing of mortgages affecting farms.

By reducing supply, the price of corn and wheat, and hogs increased steeply, since those farmers were the ones that received most of the subsidies and cut back the most production.

This law was signed because the excess supply of agricultural products during the 1920s led to a severe decrease in their prices, and eventually injured may farmers. Back then, over 30% of Americans were farmers, and they were hit very hard by the Great Depression.

Answer 2

The correct option is C

Step-by-step explanation:

The Agricultural Adjustment Act (AAA) was a federal law passed in 1933 as part of U.S. president Franklin D. Roosevelt’s New Deal. The law offered farmers subsidies in exchange for limiting their production of certain crops. The subsidies were meant to limit overproduction so that crop prices could increase.

A reduction in something, such as the number of workers in a company or the amount of money a government or company spends