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

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10y ago
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to develop a long term plan for the construction of large projects

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11y ago
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Code of fair competition

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12y ago
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Q: What was the purpose of the national industrial recovery act?
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