National Recovery Administration (NRA):

 

Dates enacted: Start -  June 16, 1933  End - May 27, 1935

 

Purpose: Succeeding the establishment of the National Industrial Recovery Act was the creation of one of its vital component which was The National Recovery Administration (NRA). The National Recovery Administration was a U.S. government agency instituted by President Franklin D. Roosevelt in hopes of aiding the country’s economic restoration amid the Great Depression.

 

How?: The National Recovery Administration worked to stimulate the reconstruction of business by enacting fair-practice codes. The NRA was established by an executive order independent from the National Industrial Recovery Act. The NRA had the authority to create voluntary agreements which dealt with the establishment of minimum wages, maximum hours of work, removal of unjust trade practices, lowering of the unemployment rate, and the adjustment of prices. The NRA enacted 557 basic codes and 208 supplementary codes which affected around 22 million workers. The majority of the public viewed the NRA as a patriotic agency, businesses which were members proudly displayed the agency’s emblem which was a Blue Eagle.

 

Who did it affect?: The codes enacted by The National Recovery Administration were rushed and sometimes very complex. The codes sometimes assisted the concerns of the big business and corporations while negatively affecting the small businesses and the consumers. The codes also helped deal with the enhancement of labour conditions and also provoked the growth of the unionization movement.