Farm subsidies started with the Great Depression and the Dust Bowl catastrophe of the 1930s, when there was a genuine fear that the nation's agricultural sector was on the brink
This is not a writing assignment, this is a multiple-choice question
You have read the article from The Week about Farm Subsidies, why and when these were started, and why the farm subsidy program needs reform.
Which of the below statements DO NOT REFLECT the views regafUrding farm subsidies in this article?
Group of answer choices
Farm subsidies started with the Great Depression and the Dust Bowl catastrophe of the 1930s, when there was a genuine fear that the nation's agricultural sector was on the brink of a collapse.
Farm subsidies cost the tax payers only a couple of million dollars each year, which is a tiny part of the taxes paid by people. Sevety five per cent of the farm subsidies are going to the small family farms who really need the help from the government in order to be able to remain in farm production.
President Franklin D. Roosevelt signed the Agricultural Adjustment Act as a temporary relief measure to help out farmers through the difficult times. In 1949 the Agricultural Act was made permanent.
Artificially high farm prices encourage farmers to grow more, and that results in overproduction. To prevent the overproduction from driving the prices low, the government uses tax payers money to purchase the surplus production. Thus, the farm subsidy.
Agricultural price supports keep the prices of farm products artificially high by way of protecting farmers from unpredictable and sudden weather changes and price and demand fluctuations. It also assures the consumers sufficient supply of foods.
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