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To Guarantee Fair Business Practices For Everyone
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∙ 12y ago
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What best describes the purpose of National Industrial Recovery Act?
Guaranteeing fair business practices for everyone best describes the purpose of the National Industrial Recovery Act.
What was the purpose of the national industrial recovery act?
The National Industrial Recovery Act (NIRA), officially known as the Act of June 16, 1933 (Ch. 90, 48 Stat. 195, formerly codified at 15 U.S.C. sec. 703), was an American statute which authorized the President of the United States to regulate industry and permit cartels and monopolies in an attempt to stimulate economic recovery, and established a national public works program.
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