This is the National Recovery Administration, a New Deal agency established by Franklin D. Roosevelt in 1933 in order to eliminate "cut-throat competition" by bringing industry, labor, and government together to create codes of "fair practices" and set prices. The NRA allowed industries to get together and write "codes of fair competition" in order to reduce "destructive competition" and to help workers by setting minimum wages and maximum weekly hours, as well as minimum prices at which products could be sold.
No comments:
Post a Comment
All comments are moderated, and all zombies, trolls, time wasters, and anonymous cowards will be shot.
If you do not know what that means, click here and read the whole thing.
If you are commenting on a post, be sure to actually read the post.
New information, corrections, and well-researched arguments are always appreciated.
- The Management