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may 12, 1933 - Agricultural Adjustment Act

Description:

This act paid farmers to limit crops and caused crop prices to double. It was overturned by Supreme Court in 1935 because it taxed processors, then gave funds to farmers. Limited overproduction. Boosted prices.

Added to timeline:

New Deal

ByAlijahwan Maragh
29 Mar 2018
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Date:

may 12, 1933
Now
~ 92 years ago
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