Why did President Franklin D. Roosevelt pay southern farmers to plant less cotton during the early 1930s?

Question

A He wanted to increase importing of cotton from Mexico.
B He wanted to convince farmers to grow soy beans instead.
C He wanted to move cotton production to the Western states.
D He wanted to restrict the supply in order to raise its price.

Answer 1

D. He wanted to restrict the supply in order to raise its price.

During the early 1930s, especially through programs implemented as part of the New Deal, President Franklin D. Roosevelt aimed to stabilize agricultural prices and support farmers who were struggling due to the Great Depression. By paying southern farmers to reduce their cotton production, the government sought to decrease the supply of cotton in the market, which would help to raise its price and improve the economic conditions for farmers.