What did Truman's administration aim to address with farm subsidies during the Fair Deal?

Study for the Texas AandM University HIST106 Exam. Use flashcards and multiple choice questions, with detailed explanations to understand U.S. history better. Enhance your exam readiness!

Truman's administration aimed to use farm subsidies as a means to support farmers' income and family welfare during the Fair Deal. This initiative was part of a broader context in which the government sought to stabilize agricultural prices and ensure that farmers could maintain a sustainable income. The post-World War II era presented challenges such as fluctuating commodity prices, which often left farmers financially vulnerable. By implementing farm subsidies, the Fair Deal intended to alleviate these financial pressures, thus promoting both the economic stability of farming families and the overall health of the rural economy. This approach reflected a commitment to social welfare and economic security for the agricultural sector, recognizing its vital role in American society and the economy.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy