About: Doctrine of parity

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The doctrine of parity was used to justify agricultural price controls in the United States beginning in the 1920s. It was the belief that farming should be as profitable as it was between 1909 and 1914, an era of high food prices and farm prosperity. The doctrine sought to restore the "terms of trade" enjoyed by farmers in those years. It was highly controversial, since critics argued it ignored changes in agricultural productivity and set an artificial standard.

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rdf:type	yago:Abstraction100002137 yago:Acquisition113253255 yago:Aid113265904 yago:Argumentation105773049 yago:Cognition100023271 yago:Control106657202 yago:EconomicPolicy106656741 yago:Gift113265011 yago:Grant113266892 yago:HigherCognitiveProcess105770664 yago:Policy106656408 yago:Possession100032613 yago:PriceControl106657464 yago:Process105701363 yago:PsychologicalFeature100023100 yago:Reasoning105772356 yago:Relation100031921 yago:Subsidy113267014 yago:Thinking105770926 yago:TransferredProperty113252973 yago:WikicatAgriculturalSubsidies yago:WikicatPriceControls
rdfs:label	Doctrine of parity (en)
rdfs:comment	The doctrine of parity was used to justify agricultural price controls in the United States beginning in the 1920s. It was the belief that farming should be as profitable as it was between 1909 and 1914, an era of high food prices and farm prosperity. The doctrine sought to restore the "terms of trade" enjoyed by farmers in those years. It was highly controversial, since critics argued it ignored changes in agricultural productivity and set an artificial standard. (en)
dcterms:subject	Agricultural subsidies Price controls
Wikipage page ID	26823272 (xsd:integer)
Wikipage revision ID	1097026402 (xsd:integer)
Link from a Wikipage to another Wikipage	Calvin Coolidge Agricultural Adjustment Administration Franklin D. Roosevelt Price controls Agricultural subsidies Bureau of Labor Statistics Agricultural Adjustment Act Agricultural Adjustment Act of 1938 First World War Food prices History of agriculture in the United States Price controls Great Depression McNary-Haugen Bill New Deal Agricultural Adjustment Act of 1933
sameAs	Doctrine of parity Doctrine of parity Doctrine of parity Doctrine of parity
dbp:wikiPageUsesTemplate	dbt:Reflist
has abstract	The doctrine of parity was used to justify agricultural price controls in the United States beginning in the 1920s. It was the belief that farming should be as profitable as it was between 1909 and 1914, an era of high food prices and farm prosperity. The doctrine sought to restore the "terms of trade" enjoyed by farmers in those years. It was highly controversial, since critics argued it ignored changes in agricultural productivity and set an artificial standard. The doctrine developed in the 1920s as food prices declined after the First World War. The first attempt at instituting the parity doctrine was the McNary-Haugen Bill, vetoed by President Calvin Coolidge in 1928. Farming prices decreased further during the Great Depression, leading to parity-seeking New Deal era legislation, such as the Agricultural Adjustment Act of 1933. Political pressure to enforce parity declined after the 1940s and 1950s as commodity prices rose. However, New Deal programs remained in place, and agricultural price regulations were still regularly introduced. (en)
prov:wasDerivedFrom	wikipedia-en:Doctrine_of_parity?oldid=1097026402&ns=0
page length (characters) of wiki page	8051 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Doctrine_of_parity
is Link from a Wikipage to another Wikipage of	ECC memory Parity Parity price Economics in One Lesson
is Wikipage disambiguates of	Parity
is foaf:primaryTopic of	wikipedia-en:Doctrine_of_parity

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