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The Agricultural Adjustment Act (AAA), enacted in 1933 as part of the New Deal, aimed to help farmers by reducing crop surplus and raising prices. It accomplished this by paying farmers to cut back on production of certain staple crops, such as cotton and corn. The goal was to stabilize agricultural prices during the Great Depression, ensuring farmers could earn a more sustainable income and alleviate rural poverty. By controlling supply, the AAA sought to boost market prices and improve the economic situation for struggling farmers.

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5d ago

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