farmers 1 thing Flashcards
1
Q
what farmers paid to do?
A
were paid to withdraw lands from production in the interest of maintaining food prices and conserving agricultural resources.
2
Q
why farmers paid to do?
A
because the real prices of food dropped.
3
Q
how did f=gov try to avoid a dangerous crash in prices?
A
providing subsidies
4
Q
1951 farmers subsidies?
A
$1B per year
5
Q
when farmer $1B subsidies per year?
A
1951
6
Q
1960 farmer annual subsidies?
A
$5B per year
7
Q
why were republicans fine with this gov involvemnent?
A
a. They learnt their lessons from the Great Depression.
