Under the Agricultural Marketing Act of 1929, the newly-established Farm Board helped American farmers by .
A) buying and storing surplus crops during gluts in order to lower crop prices
B) assisting them with funds needed to transport crops by railroad
C) providing access to credit to expand crop production
D) setting high prices on corn and wheat so that farmers could earn higher profits

Question

Quizplus · Accepted Answer

The Agricultural Marketing Act of 1929 established the Farm Board, which aimed to stabilize prices and help farmers by buying and storing surplus crops during periods of glut, thereby reducing the supply on the market and helping to maintain or increase crop prices.

Under the Agricultural Marketing Act of 1929, the Newly-Established Farm