Why did President Franklin D. Roosevelt pay southern farmers to plant less cotton during the early 1930s? A) He wanted to increase importing of cotton from Mexico. B) He wanted to convince farmers to grow soy beans instead. C) He wanted to move cotton production to the Western states. D) He wanted to restrict the supply in order to raise its price

Question

Social Studies

Serenity English

27 August, 00:47

Why did President Franklin D. Roosevelt pay southern farmers to plant less cotton during the early 1930s? A) He wanted to increase importing of cotton from Mexico. B) He wanted to convince farmers to grow soy beans instead. C) He wanted to move cotton production to the Western states. D) He wanted to restrict the supply in order to raise its price

+4

Answers (1)

Know the Answer?

Demarcus Kirk · Answer 1

D) He wanted to restrict the supply in order to raise its price. Farmers were growing too much of their crops and as result demand started to go down. This also affected the price of other crops and commodities. One of the solutions that FDR made was to create an artificial decrease in production that would contribute to the increase of prices.