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Agricultural Adjustment Administration (AAA)

From: Encyclopedia Britannica | Date: 2007 | Copyright information

New Deal program to restore U.S. agricultural prosperity during the Great Depression. Established by an act of Congress in 1933, the AAA sought to curtail farm production of certain staples, in order to raise prices. It also established the Commodity Credit Corp., to make loans to farmers and to purchase and store crops in order to maintain farm prices. The program had limited success before it was declared unconstitutional in 1936.For more information on Agricultural Adjustment Administration (AAA), visit Britannica.com.

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"Agricultural Adjustment Administration (AAA)." Encyclopedia Britannica. 2007. Encyclopedia.com. 9 Jan. 2009 <http://www.encyclopedia.com>.

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