Agricultural Adjustment Act (AAA)

Raise crop prices by lowering production!

Define:

The government payed farmers to leave a certain amount of every acre of land unused/unseeded. The over all goal was to reduce the supply of crops in order to boost prices.
Big image

Characteristics

The government paid cotton growers $200 million to plow under 10 million acres of cotton and also paid hog farmers to slaughter 6 million pigs.

Non Examples

  • Intentional surplus
  • Government encouraging low prices
  • Sales on crops
Big image

Examples

  • Plow 10 million acres of cotton
  • Slaughter 6 million pigs
  • Leave acreage unseeded