events
The Agricultural Adjustment Act, which restricts agricultural production through government purchase of livestock for slaughter and paying subsidies to farmers when they remove land from planting, is signed into law by President Franklin D. Roosevelt.
Related Wikipedia articles
Agricultural Adjustment Act
United States federal law of the New Deal era
The Agricultural Adjustment Act (AAA) was a United States federal law of the New Deal era designed to boost agricultural prices by reducing surpluses. The government bought livestock for slaughter and paid farmers subsidies not to plant on part of their land. The money for these…Source: Wikipedia (CC BY-SA)
Livestock
Animals kept for production of meat, eggs, milk, wool, etc
Livestock are the domesticated animals that are raised in an agricultural setting to provide labor and produce diversified products for consumption such as meat, eggs, milk, fur, leather, and wool. The term is sometimes used to refer solely to animals which are raised for…Source: Wikipedia (CC BY-SA)
Subsidy
Financial support to an economic sector
A subsidy, subvention or government incentive is a type of government expenditure for individuals, households, or businesses.Source: Wikipedia (CC BY-SA)
Franklin D. Roosevelt
President of the United States from 1933 to 1945
Franklin Delano Roosevelt, also known as FDR, was the 32nd president of the United States from 1933 until his death in 1945. He is the longest-serving U.S. president, and the only one to have served more than two terms. His first two terms were centered on combating the Great…Source: Wikipedia (CC BY-SA)
May 12
Day of the year
May 12 is the 132nd day of the year in the Gregorian calendar; 233 days remain until the end of the year.Source: Wikipedia (CC BY-SA)