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NRA-National Recovery Act
What is the NRA (National Recovery Act)
Was the program aimed at relief, recovery, or reform?
Websites Cited
The NRA was a law passed by the congress 1933. Signed by Franklin D. Roosevelt opening the way for cooperation between the federal government and businesses in order to stimulate the economy during the Great Depression.
The National Recovery Act aimed at recovery and reform to encourage collective bargaining for unions, set up maximum work hours (and sometimes prices) and minimum wages, and forbid child labor in industry.
- http://www.britannica.com/EBchecked/topic/405302/National-Recovery-Administration-NRA
- http://americanhistory.about.com/od/greatdepression/tp/new_deal_programs.htm
- https://www.google.com/
- http://www.wikipedia.org/
- http://www.u-s-history.com/pages/h1663.html
- https://www.google.com/search?q=National+Recovery+Act
Background
The first director of the NRA was Hugh Samuel Johnson, a retired United States Army general and a successful businessman. He was named Time magazine's "Man of the Year" in 1933. Johnson saw the NRA as a national crusade designed to restore employment and regenerate industry. As part of the "First New Deal," the NRA was based on the premise that the Great Depression was caused by market instability and that government intervention was necessary to balance the interests of farmers, business and labor. The NIRA, which created the NRA, declared that codes of fair competition should be developed through public hearings, and gave the Administration the power to develop voluntary agreements with industries regarding work hours, pay rates, and price fixing.
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Failures and Success
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The NRA, symbolized by the Blue Eagle, was popular with workers. Businesses that supported the NRA put the symbol in their shop windows and on their packages, though they did not always go along with the regulations entailed. Though membership to the NRA was voluntary, businesses that did not display the eagle, the eagle was very often boycotted. Though NRA did make a lot of money over the years.
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The New Deal program with a government program that exists today is...
The Economic Stimulus Act of 2008 was an Act of Congress providing for several kinds of economic stimuli intended to boost the United States economy in 2008 and to avert a recession, or ameliorate economic conditions.