Respuesta :
The National Recovery Administration was the new deal federal agency that called on businesses to accept the regulation of wages, hours, and prices in order to stabilize the economy, maintain the workforce, and reduce competition.
What is National Recovery Administration?
The National Recovery Administration sought to stabilize the corporate sector by lessening competition as a means of addressing the industrial problems caused by the Great Depression. Despite its modest gains, the Supreme Court overturned the law in 1935.
The first few years of the 1929–1933 Great Depression saw firms behave in a typical way. Competing businesses substantially reduced their prices and pay and fired employees in order to survive. Such actions, according to President Franklin Roosevelt and his advisers, only made the Depression worse and hindered an economic recovery. They responded in 1933 by launching the National Recovery Administration, a New Deal initiative (NRA).
The NRA's important component concerned workers' rights. Management and labor should meet to negotiate fair prices and compensation, according to NRA rules. Most significantly, the NRA established the standard for federal recognition of employees' rights to form unions and engage in collective bargaining with their employers.
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