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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.
Agricultural economics or agronomics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fibre â a discipline known as agronomics.Agronomics was a branch of economics that specifically dealt with land usage.gronomics, or the application of economic methods to optimizing the decisions made by agricultural producers, grew to prominence around the turn of the 20th century. The field of agricultural economics can be traced out to works on land economics.