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Acreage Reduction Program: Difference between revisions
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|ProgramName=Acreage Reduction Program | |ProgramName=Acreage Reduction Program | ||
|ProgramType=Program | |ProgramType=Program | ||
|OrgSponsor= | |OrgSponsor=Department of Agriculture | ||
|CreationLegislation=Agricultural Adjustment Act of 1933 | |CreationLegislation=Agricultural Adjustment Act of 1933 | ||
|Purpose=The Acreage Reduction Program aimed to reduce crop surpluses and stabilize agricultural commodity prices by idling portions of farmland, thereby reducing production during times of surplus. It sought to balance supply with demand to prevent price drops due to overproduction. | |Purpose=The Acreage Reduction Program aimed to reduce crop surpluses and stabilize agricultural commodity prices by idling portions of farmland, thereby reducing production during times of surplus. It sought to balance supply with demand to prevent price drops due to overproduction. | ||