WORLD HISTORY

INTER WAR YEARS 1919 TO 1939

THE GREAT DEPRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The purpose of the National Industrial Recovery Act was to:
A
Guarantee bank deposits
B
Increase production, boost wages, and increase prices
C
Raise crop production
D
Have young men leave home to plant trees and other projects
Explanation: 

Detailed explanation-1: -The NRA was an essential element in the National Industrial Recovery Act (June 1933), which authorized the president to institute industry-wide codes intended to eliminate unfair trade practices, reduce unemployment, establish minimum wages and maximum hours, and guarantee the right of labour to bargain collectively.

Detailed explanation-2: -To encourage national industrial recovery, to foster fair competition, and to provide for the construction of certain useful public works, and for other purposes.

Detailed explanation-3: -National Recovery Administration (NRA), U.S. government agency established by Pres. Franklin D. Roosevelt to stimulate business recovery through fair-practice codes during the Great Depression.

Detailed explanation-4: -The National Industrial Recovery Act (NIRA) was a law passed by the United States Congress in 1933 to authorize the President to regulate industry in an attempt to raise prices after severe deflation and stimulate economic recovery.

Detailed explanation-5: -The New Deal had three goals: relief, recovery, and reform. Relief meant that the president wanted to help those in crisis immediately by creating jobs, bread lines, and welfare. Recovery was aimed at fixing the economy and ending the Depression.

There is 1 question to complete.