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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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11y ago
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9y ago

Guaranteeing fair business practices for everyone best describes the purpose of the National Industrial Recovery Act.

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11y ago

to develop a long term plan for the construction of large projects

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Code of fair competition

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Q: What was the purpose of the national industrial recovery act?
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Related questions

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 act improved business ethics?

National Industrial Recovery Act


What was the immediate purpose of the National Industry recovery Act?

Recovery from WWII


What does the nira stand for?

The National Industrial Recovery Act (NIRA)


Which of these was not a right given by the National Industrial Recovery Act and the National Labor Relations Act?

the right to work


What was its long term goal of national industrial recovery act?

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What was its long-term goal of national industrial recovery act?

niglets


Which act of congress effectively repudiated the dawes severalty act of 1887?

National Industrial Recovery Act


Which act of congress effectively repudiated the Dawns severalty act of 1887?

National Industrial Recovery Act


What act of congress effectively repudiated the Dawes Severalty act of 1887?

National Industrial Recovery Act


Portions of the national industrial recovery act were ruled unconstitutional because the act gave too much power to-?

Parts of the National Industrial Recovery Act were ruled unconstitutional due to the fact that the act ceded too much power to the executive branch. The act was passed in 1933.


What did the national industrial recovery act set up?

The National Industrial Recovery Act of 1933 authorized the President to intervene on industrial policies and operations. The president would approve off prices increases after deflation in order to bolster economic growth.