THE NATIONAL INDUSTRIAL ACT AND THE NATIONAL RECOVERY ADMINISTRATION.

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THE NATIONAL INDUSTRIAL ACT AND THE NATIONAL RECOVERY ADMINISTRATION

BACKGROUND Great Depression Hoover’s Failings Growing support for Gov. Intervention

BIRTH OF NIRA One of the parts of President Franklin D. Roosevelt’s New Deal Tried to assist the nation's economic recovery during the Great Depression. Near the end of the “100 days”

NATIONAL INDUSTRIAL RECOVERY ACT Title I promoted centralized economic planning by instituting codes of fair competition for industry. Protection of Unions Title II provided $3.3 billion for public works projects. (Public Works Administration) Title III contained minor amendments to the Emergency Relief and Construction Act of 1932

NATIONAL RECOVERY ADMINISTRATION Formed to oversee Title 1 of the NIRA Initially received public support “Seals of Approval”

CRITICISMS Codes were hurtful to business, raised prices Most businesses wanted less regulation Most officials wanted more Unions were especially skeptical of how well they were guaranteed rights

EFFECTIVENESS End of child labor in the textile industry Unions could not be backed by NRA Construction Projects allowed for jobs, such as finishing the Boulder (Hoover) dam. Codes actually raised prices

WORKS CITED Volpe, Paul. “Industrial Recovery: Reviving the heart of America.” The Real Deal. University of Virginia, May Web. 29 Nov An Act to encourage national industrial recovery, to foster fair competition, and to provide for the construction of certain useful public works, and for other purposes, June 16, 1933; Enrolled Acts and Resolutions of Congress, ; General Records of the United States Government; Record Group 11, National Archives. “National Industrial Recovery Act 1933.” Our Documents. National Archives., n.d. Web. 29 Nov Franklin D. Roosevelt: "Statement on Signing the National Industrial Recovery Act," June 16, Online by Gerhard Peters and John T. Woolley, The American Presidency Project. Nelson, Carey. “The Great Depression in The United States.” The Great Depression. University of Illinois., n.d. Web. 29 Nov 2012