Agricultural Adjustment Administration

Definition

The Agricultural Adjustment Administration (AAA) was a New Deal program established in 1933 during the Great Depression. It aimed to increase crop prices by reducing agricultural production and providing financial incentives to farmers.

Related terms

Commodity Credit Corporation: This government agency provided loans and price supports to farmers, helping stabilize agricultural markets.

Civilian Conservation Corps: A New Deal program that employed young men in conservation projects, such as reforestation and soil erosion prevention.

National Industrial Recovery Act: An economic recovery program that aimed to stimulate industrial production and establish fair labor practices during the Great Depression.