3 ms·
There was actually a surplus of food in the 1930s, but farmers decided to burn their crops instead of selling it at a discount. Kind of like the current situati
by brenden2 7y ago
There was actually a surplus of food in the 1930s, but farmers decided to burn their crops instead of selling it at a discount. Kind of like the current situation with oil: a massive supply glut.
[0]: https://en.wikipedia.org/wiki/Agricultural_Adjustment_Act https://en.wikipedia.org/wiki/Agricultural_Adjustment_Act
[1]: https://www.nytimes.com/roomfordebate/2010/11/21/do-farm-subsidies-protect-national-security/fdrs-disastrous-experiment https://www.nytimes.com/roomfordebate/2010/11/21/do-farm-sub...