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Commodity Credit Corporation: Difference between revisions
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The '''Commodity Credit Corporation''' ('''CCC''') is a wholly owned [[government-owned corporation#United States|United States government corporation]] that was created in 1933 to "stabilize, support, and protect farm income and prices" (federally chartered by the CCC Charter Act of 1948 (P.L. 80-806)). The CCC is authorized to buy, sell, lend, make payments, and engage in other activities for the purpose of increasing production, stabilizing prices, assuring adequate supplies, and facilitating the efficient marketing of agricultural commodities.<ref name=":0">{{Cite journal |last=Williams |first=Oliver P. |date=1957 |title=The Commodity Credit Corporation and the 1948 Presidential Election |url=https://www.jstor.org/stable/2109075 |journal=Midwest Journal of Political Science |volume=1 |issue=2 |pages=111–124 |doi=10.2307/2109075 |issn=0026-3397}}</ref> | The '''Commodity Credit Corporation''' ('''CCC''') is a wholly owned [[government-owned corporation#United States|United States government corporation]] that was created in 1933 to "stabilize, support, and protect farm income and prices" (federally chartered by the CCC Charter Act of 1948 (P.L. 80-806)). The CCC is authorized to buy, sell, lend, make payments, and engage in other activities for the purpose of increasing production, stabilizing prices, assuring adequate supplies, and facilitating the efficient marketing of agricultural commodities.<ref name=":0">{{Cite journal |last=Williams |first=Oliver P. |date=1957 |title=The Commodity Credit Corporation and the 1948 Presidential Election |url=https://www.jstor.org/stable/2109075 |journal=Midwest Journal of Political Science |volume=1 |issue=2 |pages=111–124 |doi=10.2307/2109075 |issn=0026-3397}}</ref> | ||