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National Recovery Act
Its when FDR tried to relieve the economy of the depression so that there will be more recovery. He tried to reform things to get the economy back on track.
National Industrial Recovery Act of 1933: 1Established the National Recovery Administration to oversee the regulation of the economy. The act was designed to allow buisnesses to set their own standards of production, prices, and wages. However in return businesses had to agree to sanction Labor Unions. It also guaranteed collective bargaining rights to the workers. 1 Created Equal, A History of the United States Volume II, 3rd ed., pp 697,698. Jones, Wood, Borstelmann, May and Ruiz. Pearson Longman publishers.
It was not the second world war which ended the Great Depression, but Roosevelt's New Deal.Roosevelt's reforms, which were carried out under his "New Deal" policy, aided the recovery of the American economy. These reforms included the Agricultural Adjustment Act, National Industrial Recovery Act, and creation of the Public Works Administration and Tennessee Valley Authority. All of these provided work from unemployed Americans.
The Public Works Administration was created by the National Industrial Recovery Act in 1933. It was created to spend large sums of money on big public works. The Act budgeted billions of dollars on public works construction thus providing employment to a large number of the unemployed, improve the public welfare, and contribute to stabilizing the economy and reviving American industry. It was first suggested by the Secretary of Labor, Frances Perkins and approved by such New Dealers as Harold Ickes, James Farley, and Henry Wallace. FDR agreed to include the PWA as part of the New Deal measures but he demanded that the initial cost of the PWA be scaled back. It was never a success. It spent over $6 billion but did very little to jump-start the economy and it did not significantly reduce the unemployment rate. When the economy turned to wartime production in 1941, the PWA was abandoned.
it establish minimum wage
it establish minimum wage
It established a minimum wage.
It established a minimum wage.
it establish minimum wage
a voluntary, private sector- government partnership too limit production and raise prices
The Blue Eagle Campaign was a plan by the Roosevelt administration where business associations would be authorized to set working hours, wages and prices for their particular segment of the economy. The plan was authorized by the National Recovery Administration.
it established a minimum wage.
a bimetallic standard to increase the money supplygovernment-guaranteed loans to "bail out" banks, big businesses, and large farms that faced probable bankruptcya voluntary, private sector- government partnership too limit production and raise pricesminimum wage and maximum price rules to raise consumer purchasing power
It established a minimum wage.
is the recovery of the american economy the same for everybody
D. National industrial recovery Act