Many farmers lost their homes because of the low prices they received for their products and the rising taxes. To counter this, the AAA (Agricultural Adjustment Act) was created. The AAA was designed to maintain a balance between production and consumption of food. The AAA also answers many demands made by farmers: higher prices for their crops; the chance to refinance loans over a longer period of time; and cash relief to pay debts. The first demand was solved by using a process known as "supply and demand." By growing less, the price of the crops rises. Wheat that was sold for $0.38 a bushel in 1932 now rose to $1.02 a bushel in 1936. The AAA is also paying farmers for not growing crops to help pay off debts. The final result of the AAA is that American farmers were now making a decent
Many farmers lost their homes because of the low prices they received for their products and the rising taxes. To counter this, the AAA (Agricultural Adjustment Act) was created. The AAA was designed to maintain a balance between production and consumption of food. The AAA also answers many demands made by farmers: higher prices for their crops; the chance to refinance loans over a longer period of time; and cash relief to pay debts. The first demand was solved by using a process known as "supply and demand." By growing less, the price of the crops rises. Wheat that was sold for $0.38 a bushel in 1932 now rose to $1.02 a bushel in 1936. The AAA is also paying farmers for not growing crops to help pay off debts. The final result of the AAA is that American farmers were now making a decent