The New Deal (agriculture) Flashcards
1
Q
Farm income rates
A
- The New Deal did improve farm income rates and prevented them from getting worse:
1933: $6billion
1938: $10billion
2
Q
Individual measures
A
- The AAA (1933) removed 10,500,000 acres of cotton from production and slaughtered 6,000,000 piglets.
Farm income rates increased:
-1932: $4.5billion
-1935: $6.9billion - TVA (1933) had a significant impact on the residents of the Tennessee Valley:
- 1929 only 2/100 farms in the area had electricity. TVA built 20 dams to provide hydroelectricity.
- 1929-1949: average income rose by 200%
3
Q
Individual measures part 2
A
- Rural Electrification Administration (1935) provided electricity in rural areas:
1936: 13% farms had electricity
1941: 35% farms had electricity - Bank-Jones Farm Tenant Act (1937) provided loans to farmers to keep and restock their farms:
- By 1947 40,000 farmers had bought their own farms
- By 1947, 900,000 farmers had borrowed money to restock their farms