Historical Events tagged with "national recovery administration"
Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.
National Industrial Recovery Act Passed
The National Industrial Recovery Act was enacted to promote economic recovery during the Great Depression. This legislation allowed businesses to collaboratively establish wage, price, and working condition regulations, avoiding antitrust prosecution. It was a pivotal move aimed at stimulating industrial growth and improving labor conditions, reflecting the government's interventionist approach to economic crisis management. The act also led to the creation of the National Recovery Administration, which oversaw the implementation of these codes.
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