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TeachMeFinance.com - explain Agricultural Adjustment Act Amendment of 1935 Agricultural Adjustment Act Amendment of 1935 The term 'Agricultural Adjustment Act Amendment of 1935 ' as it applies to the area of agriculture can be defined as ' P.L. 74-320 (August 24, 1935) made several important and lasting changes to the Agricultural Adjustment Act of 1933. Section 22 of the law gave the President authority to impose quotas when imports interfered with commodity programs designed to raise prices and farm income. Section 32 was designed to widen market outlets for surplus agricultural commodities by permanently appropriating funds to purchase commodities for primarily child nutrition programs. Section 22 has been superseded, but Section 32 continues to operate'. Previous 5 Terms: Agricultural Act of 1949 Agricultural Act of 1954 Agricultural Act of 1956 Agricultural Act of 1970 Agricultural Adjustment Act (AAA) of 1933 Next 5 Terms: Agricultural Adjustment Act of 1938 Agricultural Attache, Counselor, or Trade Officer Agricultural Conservation Program (ACP) Agricultural Credit Act of 1987 Agricultural Credit Association (ACA) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.