As part of his aggressive campaign to eradicate the Great Depression, on Feb. 16, 1938, U.S. President Franklin Delano Roosevelt signed the Agricultural Adjustment Act. This aggressive legislation restricted production during the New Deal by paying farmers to reduce crop area. By reducing the crop surplus, the value of crops was effectively raised, thus ensuring the stability of farmers.
Today In History- February 16
FDR signs Agricultural Adjustment Act.
Stories about Today In History- February 16
FDR continues passage of New Deal legislation with assistance for farmers.
- Washington D.C., USA
- This_Day_In_History - Anyone can contribute
- View count:
- 71 (recently viewed: 1)