CourseNotes
Published on CourseNotes (https://course-notes.org)

Home > Parity

Parity

A plan to help farmers injured from low prices and over-production. From 1909-1914, farms had enjoyed a period of prosperity. Parity was the price placed on a product that gave it the same value, in buying power, that it had from 1909-1914. The AAA paid farmers to reduce production. The payment for this came from taxes gotten from the makers of expensive farm equipment.

Subject: 
US History [1]
Vocabulary: 
Chapter 36 - The Great Depression and the New Deal [2]

Source URL:https://course-notes.org/glossary/term/parity#comment-0

Links
[1] https://course-notes.org/subject/us_history [2] https://course-notes.org/vocabulary/chapter_36_the_great_depression_and_the_new_deal