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17 juill. 1916 - Federal Farm Loan Act

Description:

The Federal Farm Loan Act was passed in 1916 to address the credit needs of rural American farmers by establishing 12 regional Farm Loan Banks to provide farmers with long-term loans at low interest rates. This act aimed to improve agricultural productivity and farmers' financial stability by making it easier for them to access the capital needed to expand and sustain their operations.

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AP US History

ByShane Jackonski
9 mai 2024
2
0
6741

Date:

17 juill. 1916
Maintenaint
~ Il y a 109 ans
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