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The National Industrial Act and The National Recovery Administration. Nick Dobson Santiago Gonzalez. Background. Great Depression Hoover’s Failings Growing support for Gov. Intervention. Birth of NIRA. One of the parts of President Franklin D. Roosevelt’s New Deal
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The National Industrial Act and The National Recovery Administration Nick Dobson Santiago Gonzalez
Background • Great Depression • Hoover’s Failings • Growing support for Gov. Intervention
Birth of NIRA • One of the parts of President Franklin D. Roosevelt’s New Deal • Tried to assist the nation's economic recovery during the Great Depression. • Near the end of the “100 days”
National Industrial Recovery Act • Title I promoted centralized economic planning by instituting codes of fair competition for industry. • Protection of Unions • Title II provided $3.3 billion for public works projects. (Public Works Administration) • Title III contained minor amendments to the Emergency Relief and Construction Act of 1932
National Recovery Administration • Formed to oversee Title 1 of the NIRA • Initially received public support • “Seals of Approval”
Criticisms • Codes were hurtful to business, raised prices • Most businesses wanted less regulation • Most officials wanted more • Unions were especially skeptical of how well they were guaranteed rights
Effectiveness • End of child labor in the textile industry • Unions could not be backed by NRA • Construction Projects allowed for jobs, such as finishing the Boulder (Hoover) dam. • Codes actually raised prices
Works Cited • Volpe, Paul. “Industrial Recovery: Reviving the heart of America.” The Real Deal. University of Virginia, May 2002. Web. 29 Nov 2012. • An Act to encourage national industrial recovery, to foster fair competition, and to provide for the construction of certain useful public works, and for other purposes, June 16, 1933; Enrolled Acts and Resolutions of Congress, 1789-1996; General Records of the United States Government; Record Group 11, National Archives. • “National Industrial Recovery Act 1933.” Our Documents. National Archives., n.d. Web. 29 Nov 2012. • Franklin D. Roosevelt: "Statement on Signing the National Industrial Recovery Act," June 16, 1933. Online by Gerhard Peters and John T. Woolley, The American Presidency Project. • Nelson, Carey. “The Great Depression in The United States.” The Great Depression. University of Illinois., n.d. Web. 29 Nov 2012