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TeachMeFinance.com - explain Granger-Thye Act of 1950 Granger-Thye Act of 1950 The term 'Granger-Thye Act of 1950 ' as it applies to the area of agriculture can be defined as ' P.L. 81-478 (April 24, 1950) established a new direction for some aspects of National Forest System management; authorized the use of grazing fee receipts for rangeland improvement; authorized the Forest Service to issue grazing permits for terms up to 10 years; authorized to the Forest Service to participate in funding cooperative forestry and rangeland resource improvements; established grazing advisory boards; and, authorized the Forest Service to assist with work on private forestlands'. Previous 5 Terms: grammatology Gramm-Rudman-Hollings Act Grand rounds Grandfathering Grange Next 5 Terms: Granite Granitic Granodiorite Granulation granuliferous 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.