How Did the Agricultural Adjustment Act (AAA) Attempt to Raise

question 12

Multiple Choice

How did the Agricultural Adjustment Act (AAA) attempt to raise crop prices and relieve farmers?

• A) by providing tax relief for the poor
• B) by increasing the amount of crops in circulation
• C) by employing immigrant labor
• D) by paying farmers to take land out of cultivation

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Definitions:

Assets

Resources owned by a company that have economic value and can be used to meet its future obligations.

Liabilities

are legal financial debts or obligations that arise during the course of business operations.

Owner's Equity

The residual interest in the assets of a business after deducting liabilities, representing the ownership interest of shareholders or partners.

Liabilities

Financial obligations or debts owed by a business to outsiders, such as loans, accounts payable, or mortgages.