Which act made minor changes to the Agricultural Act of 2014?Multiple choice question.The Food, Conservation, and Energy Act of 2018The Agricultural Risk Coverage Act of 2016The Agricultural Act of 2018The Freedom to Farm Act of 2016
Question
Which act made minor changes to the Agricultural Act of 2014?Multiple choice question.The Food, Conservation, and Energy Act of 2018The Agricultural Risk Coverage Act of 2016The Agricultural Act of 2018The Freedom to Farm Act of 2016
Solution
The Agricultural Act of 2018
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Multiple Choice QuestionWhich of the following is a change that was enacted in the Agricultural Act of 2018?Multiple choice question.Farmers were allowed to choose between the price loss coverage and agricultural risk coverage programs each year.The dairy margin protection program and several land conservation programs were phased out over the course of two years.The price loss coverage and agricultural risk coverage programs were made mandatory for all U.S. farmers.Farmers interested in the crop insurance programs were forced to make a one-time, binding decision about which they would use.
The Agricultural Act of 2014 consisted of which of the following actions?Multiple select question.ended countercyclical paymentsended direct paymentsmarketing loan program was discontinuedmarketing loan program was continuedreduced the marketing loan program
Multiple Select QuestionSelect all that applyWhich of the following describes the Freedom to Farm Act of 1996?Multiple select question.Marketing loans enabled farmers to pay interest when crop prices are high or to forfeit production when prices are low.Farmers were allowed to respond to the changing factors of supply and demand.Direct or fixed cash payments to farmers could be based on historical patterns of production and unaffected by current crop prices.The act ended price supports and acreage allotments for many farm products.Countercyclical payments to farmers could be based on previous crops grown regardless of current crops planted.
Multiple Choice QuestionThe ______ eliminated price supports and acreage allotments for many of the nation's crops, while continuing direct subsidies to farmers.Multiple choice question.Average Crop Revenue Election ProgramFood, Conservation, and Energy Act of 2008Agricultural Price Support System of 1947Freedom to Farm Act of 1996
The three major kinds of farm subsidies provided by the Food, Conservation and Energy Act of 2008 areMultiple select question.Price supportsMarketing loansDirect paymentsTransition paymentsCountercyclical payments
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