U. S. National Recovery Administration

U. S. National Recovery Administration

2 books

About the Author

The U. S. National Recovery Administration (NRA), established in 1933 as a cornerstone of President Franklin D. Roosevelt's New Deal, was a pivotal federal agency dedicated to revitalizing the American economy during the Great Depression. Tasked with promoting industrial recovery and fair competition, the NRA collaborated with businesses, labor unions, and government officials to draft and implement industry-specific codes that regulated production, pricing, wages, and working conditions. Through these efforts, it aimed to stabilize markets, reduce cutthroat competition, and foster collective bargaining, embodying the era's bold experiment in managed capitalism. Though its operations were later deemed unconstitutional by the Supreme Court in 1935, the NRA's legacy endures as a symbol of innovative crisis response, influencing subsequent labor and economic policies. Its publications, such as detailed codes of fair competition, provide invaluable historical insights into the regulatory mechanisms of the time.

Writing style
formal regulatory prescriptive

Books by U. S. National Recovery Administration