may 13, 1933 - Agricultural Adjustment Act (AAA)
Description:
The Agricultural Adjustment Act (AAA) was enacted in 1933 as part of President Franklin D. Roosevelt's New Deal to provide economic relief to farmers during the Great Depression. The act sought to raise crop prices by paying farmers subsidies to reduce their production, effectively attempting to combat the problem of overproduction and low prices in agricultural products.Added to timeline:
Date:
may 13, 1933
Now
~ 92 years ago