The Conservation Reserve Program CRP) is an example of an:
A)price support.
B)supply restriction.
C)demand enhancement.
D)income support.

Question

Quizplus · Accepted Answer

The Conservation Reserve Program (CRP) is an example of a supply restriction in agriculture. Under this program, farmers are paid to convert highly erodible or environmentally sensitive cropland to native grasses, trees, or other vegetation, which helps reduce soil erosion, protect water quality, and enhance wildlife habitat. By taking such marginal land out of production, the program limits the supply of certain crops, which can help boost their prices in the short term. However, critics argue that the program can also lead to higher food prices in the long run by reducing the overall acreage available for farming and shifting production to less efficient or less environmentally friendly areas.

The Conservation Reserve Program CRP) Is an Example of An