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The Agricultural Marketing Act is the law that Hoover's administration help pass to limit the quantity of goods that American farmers could sell to other countries in an attempt to decrease surplus and stabilize the economy. This law helped make the farmers self sufficient.
March 4, 1929 Herbert Hoover was inaugurated as 31st President of the United States. June 15, 1929 After Hoover called a special session of Congress, the Agricultural Marketing Act was passed, which established a Federal Farm Board that worked to stabilize agricultural prices.