The Farm Credit Act provided what type of support to farmers?

• A. Guaranteed loans to corporations.
• B. Gave low-interest loans to farmers to help them pay their debts such as mortgages.
• C. Subsidies for urban housing.
• D. Cash payments to unemployed workers.

Answer: (B)

The key idea here is providing affordable, stable credit to farmers through a federal system. The Farm Credit Act created the Farm Credit System—a network of federal land banks, production credit associations, and banks overseen by the Farm Credit Administration—with the aim of giving farmers long-term, low-interest loans. These loans were designed to help farmers refinance and pay off debts and mortgages, easing financial strain during the Depression and helping keep farms operating.

So this is the best choice because it reflects that the act focused on credit to farmers to manage debt, rather than supporting corporations, urban housing, or unemployment benefits.