The NRA and its Role in the New Deal’s Ambitious Agenda
Words: 500 2122In the throes of the Great Depression, President Franklin D. Roosevelt's New Deal represented a bold experiment in government intervention aimed at reviving the American economy. Among its many initiatives, the National Recovery Administration (NRA) stands out as a particularly ambitious attempt to stimulate economic recovery through industrial regulation. Established in 1933 under the National Industrial Recovery Act, the NRA sought to stabilize prices, create fair labor standards, and reduce harmful competition. This essay explores the NRA's objectives, its impact […]