Farm Credit Act of 1933
E29021
The Farm Credit Act of 1933 was a New Deal-era U.S. law that reorganized and expanded federal agricultural credit programs to provide relief to struggling farmers during the Great Depression.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Farm Credit Act of 1933 canonical | 5 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
New Deal legislation
ⓘ
United States federal statute ⓘ |
| administeredBy | Farm Credit Administration ⓘ |
| aimedAt | struggling farmers ⓘ |
| appliesTo |
farm real estate loans
ⓘ
intermediate-term agricultural loans ⓘ short-term production credit ⓘ |
| context |
Dust Bowl
ⓘ
surface form:
Great Depression farm crisis
|
| country |
United States of America
ⓘ
surface form:
United States
|
| created | Farm Credit Administration ⓘ |
| effect |
expanded availability of long-term farm credit
ⓘ
reduced farm foreclosures ⓘ stabilized farm mortgage market ⓘ |
| enactedDuring | Great Depression ⓘ |
| field |
agricultural finance
ⓘ
rural credit ⓘ |
| historicalPeriod |
New Deal
ⓘ
surface form:
First New Deal
|
| jurisdiction |
United States government
ⓘ
surface form:
United States federal government
|
| legislativeBody | United States Congress ⓘ |
| longTermImpact | foundation for modern Farm Credit System ⓘ |
| partOf | New Deal ⓘ |
| policyType |
agricultural credit policy
ⓘ
economic relief measure ⓘ |
| presidentAtEnactment |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| primaryPurpose |
prevent farm foreclosures
ⓘ
provide emergency credit to farmers ⓘ refinance farm mortgages ⓘ reorganize federal agricultural credit system ⓘ |
| providedFor |
extended repayment periods for farm debt
ⓘ
loans to agricultural cooperatives ⓘ lower interest rates on farm loans ⓘ refinancing of farm mortgages ⓘ |
| regulates |
banks for cooperatives
ⓘ
federal land bank lending ⓘ production credit associations ⓘ |
| relatedTo |
Agricultural Adjustment Act of 1933
ⓘ
Emergency Farm Mortgage Act of 1933 ⓘ Farm Credit Act of 1971 ⓘ |
| reorganized |
Banks for Cooperatives
ⓘ
Federal Intermediate Credit Banks ⓘ Federal Land Banks ⓘ Production Credit Associations ⓘ federal farm credit system ⓘ |
| sector | agriculture ⓘ |
| signedBy |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| targetGroup |
family farmers
ⓘ
farm owners ⓘ tenant farmers ⓘ |
Referenced by (5)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
Production Credit Association