Published online by Cambridge University Press: 03 March 2001
In 1933, the U.S. Congress passed the Agricultural Adjustment Act (AAA). A cornerstone of the New Deal, the AAA offered government payment to farmers who cut production of basic crops such as wheat, cotton, and corn. Originally designed to lift agriculture out of the depths of the Great Depression, government farm programs evolved over the next several decades into a complex policy regime of price supports, acreage controls, and government loans.
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