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AESC Quiz 5: Complete Study Guide and Review

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AESC Quiz 5: Complete Study Guide and Review

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December 22, 2024
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AESC Quiz 5: Complete Study Guide and
Review

US Farm Bills - correct answer ✔✔major federal legislation that is used to dictate where federal money is
spent every year in the world of US agriculture

"Federal Agriculture Improvement and Reform Acts"



Primary agricultural and food policy tool of the federal government

Broad omnibus bills (covers a number of diverse and/or unrelated topics)



Massive pieces of legislature

Reauthorized every 5 years (~$100 billion per year)

Federal gov makes available for agriculture



Every 5 years when they meet and plan a farm bill, they plan for ten years - that's where 1 trillion comes
from

Planned annual appropriations for 10 years (~$1 trillion)



Influences on US Agriculture - correct answer ✔✔1. Major food companies

Often parent companies to smaller food companies



2. Restaurant Chains

Big box food retailers that control huge segments of agricultural markets



3. Consumers

Can dictate what agriculture does in this county



4. Federal Government

, Their role and how they influence world of agriculture



Annual budget in US for all federal government programs is $ 4 Trillion - two categories - correct answer
✔✔1. Mandatory spending ~ $3 Trillion

Hard line items in the budget that have to be covered

President's proposed $2.63 trillion on mandatory spending (2016)

Biggest part of this has to do with social security, unemployment and labor

Large slice of health

Large slice of food and agriculture

Important to see $126.3 bill for agriculture (5%) ~ Farm bill roughly $100 billion per year



2. Discretionary spending ~ $1 Trillion

Food and ag in this slice too



A Long History of Federal Policy - correct answer ✔✔1. Homestead Act of 1862: encouraged westward
expansion of farming (as did the transcontinental railroad)



2. Morrill Act of 1862: established system of land grant schools

UGA is oldest chartered land grant school in the US

Smith Level Act of 1914: system of agricultural extension, university partnerships

Continues today with local county extension offices - 159 counties and 159 offices



Despite these efforts there have been problems in agriculture and it hit in the 30s



Cultural Shift: Stabilizing U.S. Agriculture (1930s-1940s) - correct answer ✔✔US ag was going all the
place and had traumatic trouble - Great Depression



First Farm Bills

New Deal - Agricultural Adjustment Act 1933

President Franklin D Roosevelt

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