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The Agricultural Adjustment Act (AAA)
The AAA was passed in 1933 by Franklin D. Roosevelt as part of The New Deal. The idea of the act was to offer farmers subsidies(payments) in exchange for not overplanting specific crops. This allowed the price of these crops to increase, while farmers still made enough money to be profitable and continue growth. However, the act did not favor sharecroppers. Many of the them went out of business as large farms continued to grow and buy more equipment. -
The Agricultural Adjustment Act (AAA)
This act was passed in 1933 by Franklin D. Roosevelt, as part of his new deal. It offered farmers subsidies (money) in exchange for not over planting specific crops. The idea was to limit specific crops and that, in turn, would allow their prices to increase. However, the act catered to larger farms and not to sharecroppers. With the growth the larger farms experience, the sharecroppers began to lose their legging in the industry and would eventually end up leaving the industry all together. -
The Agricultural Adjustment Act : Unfair!
The Supreme Court deemed it unfair to tax one group-in this instance, processors- in order to give to another group (farmers). -
Agricultural Adjustment Act Reform
The Supreme Court ruled that it was unfair to tax one group(the processors who 'footed' the bill for the subsidies given to farmers)- in order to turn around and give it to another group (the farmers). -
New Law-Corrected Issue with AAA
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The Agricultural Adjustment Act : Modified
The new, modified AAA goes into place. The issues pointed out by the Supreme Court have been combatted and crop insurance is introduced. -
Agricultural Adjustment Administration Ended
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Farm Security and Rural Investment Act of 2002
AKA- 2002 Farm Bill- this act controls around $16.5 billion dollars that is used toward agricultural subsidies each year and helped provide continuation of agricultural programs through 2007(fiscal). The products affected include: grains, oilseeds, and cotton. The bill was passed shortly after 9/11, which drew criticism and scrutiny(the bill was almost amended before being passed). The turmoil caused the bill to not go through until the current farm bill (1996) had already expired. -
Farm Security and Rural Investment Act of 2002
AKA- 2002 Farm Bill- This act guides the distribution of approximately $16.5 billion dollars in agricultural subsidies each year affecting: grains, oilseeds, and cotton. It also contributed to the largest conservation funding in history. It was in the house for review in 2001, right after 9/11. This caused it to be highly scrutinized by many. The act almost did not pass without amendment, but came to be in effect on May 13, 2002, a few weeks after the previous farm bill had expired. -
Farm and Security Rural Investment Act (2008)
Similar to the 2002 act, the act of 2008 replaces the previous. It is renewed and changed every 6 years. -
The Farm Security and Rural Investment Act (the Farm Bill)
Fun Fact! The farm bill is renewed and altered to meet current needs of recipients every 6 years! The bill allows the USDA to establish "nature and forest friendly" practices, deals with loans, subsidies, trade, energy and nutrition. As times and ways of life change, so does the bill! -
The Agricultural Act of 2014
Surprise! This is the same bill started back in '33 by FDR. It is still around to help with how food is grown and what kinds of food are grown. The 3 original goals: keep food prices fair, ensure plenty of food and protect the country's natural resources. This bill expires every 5 years (not to be confused with the ones that expire every 6). The bill will, again, be updated, go through congress and be signed into law by the president in 2018.
