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 National Industrial          Recovery Act 

 

(NiRA)

 Passed    law by the United States Congress in 1933 to authorize the President to regulate industry in an attempt to raise prices after severe deflation and stimulate economic recovery

        

       Dates of programs: 

               

     The (NRA) was adopted in 1933

   

The purpose of the program: The

 

purpose of the (NiRA) was to fix

 

the economic issues to rebuild the

 

country and recover from the great  

 

depression 

Recovery Program 

  mark mercado 

The National Industrial Recovery Act (NIRA) was enacted by Congress in June 1933 and was one of the measures by which President Franklin D. Roosevelt sought to assist the nation's economic recovery during the Great Depression. The passage of NIRA ushered in a unique experiment in U.S. economic history�the NIRA sanctioned, supported, and in some cases, enforced an alliance of industries. Antitrust laws were suspended, and companies were required to write industry-wide "codes of fair competition" that effectively fixed prices and wages, established production quotas, and imposed restrictions on entry of other companies into the alliances. 

     (NRA)

 

National Industrial recovery act  EFFECTS ON ECONOMY

 

 

 

Unemployment rate-up

 


 

 

 

Government spending-down

 

 

 

GDP-down

 

 

 

Confidence building-up

 

 

 

Role of government-up

 

 

 

 

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  • Franklin D. Roosevelt was the 32nd president of the United States
  • Franklin Delano Roosevelt served as America's president for over 12 years, longer than any other person before or since.
  • He was in power during the Great Depression and throughout most of World War II. 

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