0h 43min, jul 21, 1933 y - Agricultural Adjustment Act
Description:
The AAA paid farmers to not produce a specific type of crop or livestock as an attempt to increase the prices of those goods. This all happened, because they did not want a sharp decline in farm prices. This would also help farmers in creating more revenue, because they would be profiting of the higher priced goods.Added to timeline:
Date:
0h 43min, jul 21, 1933 y
Now
~ 91 years ago