Politics & Government

Franklin D. Roosevelt Signs Agricultural Adjustment Act

The Agricultural Adjustment Act was signed into law by President Franklin D. Roosevelt as a response to the agricultural crisis during the Great Depression. This landmark legislation aimed to boost agricultural prices by limiting production, including government purchases of livestock for slaughter and paying farmers to take land out of production. It represented a shift in federal policy towards intervening in agricultural markets to stabilize prices and support farmers struggling in the economic downturn.

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