Changes

for the National Rife Association, see [[NRA]]

for the National Rife Association, see [[NRA]]

The '''National Recovery Administration''', or '''NRA''', was a major [[New Deal]] agency that lasted 1933-35, designed to speed recovery from the [[Great Depresssion]]. Headed by [[General Hugh Johnson]], the NRA was created by the National Industrial Recovery Act, along with the PWA.  

The '''National Recovery Administration''', or '''NRA''', was a major [[New Deal]] agency that lasted 1933-35, designed to speed recovery from the [[Great Depression]]. Headed by [[General Hugh Johnson]], the NRA was created by the National Industrial Recovery Act, along with the PWA.  

The NRA was designed to restore the economic health of American business. It had four objectives: to spread work evenly among people; to distribute wages, thereby increasing purchasing power; To stop unfair trade practices and limit cutthroat competition; and to eliminate child labor.  The NRA was in operation about two years. The business community was initially highly supportive, but by 1934 became increasingly frustrated with the red tape involved. The NRA was shut down in 1935, and no efforts were made to revive it.  Economic historians generally agree that it was a poor solution to the economic crises.

The NRA was designed to restore the economic health of American business. It had four objectives: to spread work evenly among people; to distribute wages, thereby increasing purchasing power; To stop unfair trade practices and limit cutthroat competition; and to eliminate child labor.  The NRA was in operation about two years. The business community was initially highly supportive, but by 1934 became increasingly frustrated with the red tape involved. The NRA was shut down in 1935, and no efforts were made to revive it.  Economic historians generally agree that it was a poor solution to the economic crises.