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US Policy During and After World War II

In: Agricultural Policy of the United States

Author

Listed:
  • Stephanie A. Mercier

    (Farm Journal Foundation)

  • Steve A. Halbrook

    (University of Arkansas at Fayetteville)

Abstract

World War II was a pivotal time for US agriculture. Production and farm income rose. Congress did not want a replay of the market crash that followed World War I. This chapter starts with a review of the Commodity Credit Corporation (CCC), the financing mechanism for New Deal farm programs and ends with a discussion of post war policies to stabilize agricultural markets, including the so-called permanent farm bill of 1949, the Marshall Plan, and the Food for Peace program. Wartime efforts to control prices and ration strategic commodities, and supplement the agricultural labor pool are also discussed.

Suggested Citation

  • Stephanie A. Mercier & Steve A. Halbrook, 2020. "US Policy During and After World War II," Palgrave Studies in Agricultural Economics and Food Policy, in: Agricultural Policy of the United States, chapter 0, pages 197-211, Palgrave Macmillan.
    • Handle: RePEc:pal:psachp:978-3-030-36452-6_13
    DOI: 10.1007/978-3-030-36452-6_13
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