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23 September, 07:48

Explain how the concept of "parity" was designed to solve the farm problem. What happened to parity legislation?

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  1. 23 September, 09:19
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    The parity legislation basically sought to restore the terms of trade that was enjoyed by farmers beginning In the 1920s. This legislation was used by farmers to justify the prices of their agricultural produce. They compared this argument with the belief that farming needs to remain as profitable compared between the years of 1909 and 1914.
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