This section contains 2,235 words (approx. 8 pages at 300 words per page) |
Problems with Agricultural Subsidies in the United States
Summary: Subsidies have hinder progress for rural areas by paying farmers not to grow crops.
In the 1920's, farmers were encouraged to increase food production to keep up with the demand for food caused by World War I. After the war ended, production stayed at a high level, which led to a large surplus in agricultural products. The large surplus caused a steep drop in the price for the products. The drop in prices caused the market value for crops to go down and made things tougher on the economy. The United States government decided that the best way to correct the market was to put a limit on how many acres that farmers could grow. The government would pay farmers to grow nothing more than their allotted acreage. This allowed farmers to continue making money while the government controlled the surplus and kept the market prices at a reasonable level. In a personal interview with Anne Allen from the Williamson County Farm...
This section contains 2,235 words (approx. 8 pages at 300 words per page) |