Agricultural Adjustment Administration (AAA)


Agricultural Adjustment Administration (AAA)

New Deal program to restore U.S. agricultural prosperity during the Great Depression. Established by an act of Congress in 1933, the AAA sought to curtail farm production of certain staples, in order to raise prices. It also established the Commodity Credit Corp., to make loans to farmers and to purchase and store crops in order to maintain farm prices. The program had limited success before it was declared unconstitutional in 1936.

This entry comes from Encyclopædia Britannica Concise.
For the full entry on Agricultural Adjustment Administration (AAA), visit Britannica.com.

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