The Agricultural Adjustment Act, passed in 1933, was an effort to

A) keep agricultural prices high by increasing supply.
B) keep agricultural prices low by increasing supply.
C) keep agricultural prices high by decreasing supply.
D) keep agricultural prices low by decreasing supply.

Question

Mercy Mwikalli · Accepted Answer

Final Answer : C, Explanation :  The Agricultural Adjustment Act aimed to raise agricultural prices by reducing supply. It paid farmers to leave a portion of their land unplanted, thus decreasing the overall supply of crops and increasing prices.

The Agricultural Adjustment Act, passed in 1933, was an effort to

A) keep agricultural prices high by increasing supply.
B) keep agricultural prices low by increasing supply.
C) keep agricultural prices high by decreasing supply.
D) keep agricultural prices low by decreasing supply.

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Learning Objectives

Related questions

The Agricultural Adjustment Act, passed in 1933, was an effort toA) keep agricultural prices high by increasing supply.B) keep agricultural prices low by increasing supply.C) keep agricultural prices high by decreasing supply.D) keep agricultural prices low by decreasing supply.

Definitions

Learning Objectives

Learning Objectives

Related questions

The Agricultural Adjustment Act, passed in 1933, was an effort to

A) keep agricultural prices high by increasing supply.
B) keep agricultural prices low by increasing supply.
C) keep agricultural prices high by decreasing supply.
D) keep agricultural prices low by decreasing supply.