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feb 1, 1940 - Agricultural Adjustment Act

Description:

Attempted to raise prices by paying farmers to reduce their production of crops and animals.


Designed to boost agricultural prices by reducing surpluses. The government bought livestock for slaughter and paid farmers subsidies not to plant on part of their land.

Added to timeline:

2 Jun 2021
0
0
340

Date:

feb 1, 1940
Now
~ 85 years ago