🖋️AP US HISTORY; Great Depression Project🖋️
✉️NATIONAL RECOVERY ADMINISTRATION (NRA)✉️️
Founded: June 16, 1933
Status: Discontinued; 1935
Recovery
First New Deal
Purpose: Bring industry, labor, and government together to create fair practices and set prices, eliminating competition
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ADDITIONAL INFORMATION
Was it successful? To an extent; when began it was successful in combating unemployment and deflationary pricing
Issues? NRA officials allowed industries to form company unions rather than deal with independent labor organizations
Schecter Poultry Corporation v. United States ruled NRA codes violated constitution by regulating commerce with sovereign states.