Agricultural Adjustment Act of 1938
E14609
The Agricultural Adjustment Act of 1938 was a New Deal-era U.S. federal law that established long-term farm price and production controls, including acreage quotas, to stabilize agricultural markets.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
New Deal legislation
→
United States federal statute → |
| administeredBy |
Commodity Credit Corporation
→
United States Department of Agriculture → |
| aimsTo |
maintain parity prices for farmers
→
prevent surpluses of basic agricultural commodities → |
| appliesTo |
farmers in the United States
→
|
| containsProvision |
Section 22 import quotas
→
marketing quota referenda by farmers → |
| country |
United States
→
|
| coversCommodity |
corn
→
cotton → peanuts → rice → tobacco → wheat → |
| enactmentDate |
1938-02-16
→
|
| enactmentYear |
1938
→
|
| era |
New Deal
→
|
| establishes |
acreage quotas
→
loan rates for certain crops → marketing quotas → price support mechanisms → |
| historicalSignificance |
created a permanent framework for U.S. farm programs
→
foundation for mid-20th-century U.S. agricultural policy → |
| jurisdiction |
United States federal government
→
|
| legalBasisFor |
federal marketing quotas for basic commodities
→
|
| legislativeBody |
United States Congress
→
|
| longTitleIncludes |
An Act to provide for the conservation of national soil resources and to provide for the orderly marketing of agricultural commodities
→
|
| mechanism |
nonrecourse loans to farmers
→
parity price system → |
| policyType |
farm price support policy
→
production control policy → |
| presidentAtEnactment |
Franklin D. Roosevelt
→
|
| purpose |
control agricultural production
→
stabilize agricultural markets → support farm income → |
| regulates |
agricultural production in the United States
→
|
| relatedTo |
Agricultural Act of 1949
→
Agricultural Adjustment Act of 1933 → Soil Conservation and Domestic Allotment Act of 1936 → |
| replaces |
Agricultural Adjustment Act of 1933
→
|
| requires |
farmer approval of marketing quotas by referendum
→
|
| responseTo |
Supreme Court invalidation of the Agricultural Adjustment Act of 1933
→
|
| signedBy |
Franklin D. Roosevelt
→
|
| subjectArea |
agricultural law
→
economic regulation → farm policy → |
Referenced by (5)
| Subject (surface form when different) | Predicate |
|---|---|
|
Agricultural Act of 1949
→
Soil Conservation and Domestic Allotment Act of 1936 → |
relatedTo |
|
Roscoe C. Filburn
→
|
associatedWith |
|
Wickard v. Filburn
→
|
hasStatuteInvolved |
|
Agricultural Adjustment Act of 1933
→
|
replacedBy |