Agricultural Adjustment Act | Vibepedia

The Agricultural Adjustment Act of 1933 was a United States federal law designed to boost agricultural prices by reducing surpluses through subsidies and livestock slaughter. The Act created the Agricultural Adjustment Administration to oversee the distribution of subsidies, generated through a tax on farm product processing companies. This law represented the federal government's first substantial effort to address economic welfare in the United States, alongside other New Deal programs like the [[national-recovery-administration|National Recovery Administration]] and the [[federal-emergency-relief-administration|Federal Emergency Relief Administration]]. The AAA was influenced by the [[agriculture-marketing-act|Agriculture Marketing Act]] of 1929, which established the [[federal-farm-board|Federal Farm Board]].