New Deal/ Great Depression
Bankhead Cotton Control Act
1916-1945
The Bankhead Cotton Control Act was passed by the U.S. Congress on April 21, 1934. The act addressed an impediment to the Agricultural Adjustment Administration's efforts to raise cotton prices. The Agricultural Adjustment Act, which created the Agricultural Adjustment Administration (AAA), explicitly made farmer participation in AAA programs voluntary. Most AAA programs compensated farmers for leaving land fallow, reducing supply and triggering a corollary price increase. Nevertheless, as some agricultural economists (such as Mordecai Ezekiel) had foreseen, non-AAA farmers could prevent price increases by flooding the market with cotton.
Bankhead Cotton Control Act
The Bankhead Cotton Control Act was passed by the U.S. Congress on April 21, 1934. The act addressed an impediment to the Agricultural Adjustment Administration's efforts to raise cotton prices. The Agricultural Adjustment Act, which created the Agricultural Adjustment Administration (AAA), explicitly made farmer participation in AAA programs voluntary. Most AAA programs compensated farmers for leaving land fallow, reducing supply and triggering a corollary price increase. Nevertheless, as some agricultural economists (such as Mordecai Ezekiel) had foreseen, non-AAA farmers could prevent price increases by flooding the market with cotton.
Greensboro Sit-In
On February 1, 1960, four black students of North Carolina Agricultural and Technical State University sat at a white-only lunch counter inside a Greensboro, North Carolina Woolworth's store. The Greensboro sit-in catalyzed a wave of nonviolent protest against private-sector segregation in the United States.
Public Works Administration
Established by Title II of the National Industrial Recovery Act, the Public Works Administration (PWA) was a massive U.S. government spending program aimed at improving the nation's infrastructure. Though the PWA was not vested with the sweeping powers of the National Recovery Administration, it affected nearly every county in the United States and indelibly altered North Carolina.