AAA
its aim was to return farming to golden age during 1910-14.
voluntary cut-backs in production,reducing the quantity of food available so prices rose. useful resources such as wheat,cotton,tobacco and pig rearing were cut back. 6 mln pigs were slaughtered controversially at a time when families were starving. Act was too late to stop spring planting so crops had to be ploughed under
Initially it was successful with farm incomes rising 58 % between 1932 and 1935
although the Supreme court rules it unconstitutional in 1936 it was revived and a similar act was passed in 1938 as part of the second new deal.
2 negative effects - it speeded up agricultual production, changing it from family run business to large commercial enterprises.
landowners, especially in the South, in their reducing production,also ended contracts with sharecroppers and tenants,both black and white. unexpectedly large group now likely to be unemployed and homeless
Comments
No comments have yet been made