In which year was the FCIC created?

In which year was the FCIC created?

• A. 1960
• B. 1970
• C. 1980
• D. 1990

Answer: (B)

The question tests knowing the historical origin of the federal crop insurance program. The FCIC was created in 1938 by the Federal Crop Insurance Act, establishing a federal program within the USDA to insure crops and help stabilize farmers’ incomes after droughts and other losses. This creation date marks the birth of the FCIC; the program itself evolved with later reforms and expansions in subsequent decades, but the foundational year is 1938.

The question tests knowing the historical origin of the federal crop insurance program. The FCIC was created in 1938 by the Federal Crop Insurance Act, establishing a federal program within the USDA to insure crops and help stabilize farmers’ incomes after droughts and other losses. This creation date marks the birth of the FCIC; the program itself evolved with later reforms and expansions in subsequent decades, but the foundational year is 1938.