In early 1996, Congress proposed an agriculture bill that would gradually reduce price supports for many agricultural products. If the bill were to be approved, what would most likely happen to the number of families employed in agriculture?

Question

Carissa Parks

Social Studies

15 May, 09:04

In early 1996, Congress proposed an agriculture bill that would gradually reduce price supports for many agricultural products. If the bill were to be approved, what would most likely happen to the number of families employed in agriculture?

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Winston · Answer 1

The number of families employed in agriculture will decrease due to proposal of Congress bill.

Explanation:

If the bill will reduce the price supports of agricultural products, families employed in agriculture will decrease because the prices of agricultural products will fall, which will result in the reduction of profit for the said agricultural families.

If the main motivating factor (profit) will be less or even zero, there will absolutely be no purpose of engaging in such business.