Posted by 3brittany on February 3, 2011 at 10:21am
national industrial recovery administration (NIRA)-fair competition should be developed through public hearings.- better payNRAdeveloped with the NIRAJUne 16, 1933- industrial code system that had control over industrial pricing, production, trade practices.supported worker's rights to join labor unions.ended disastrous competition, over production, labor conflictsit was not as successful as many hoped.codes set wages below what labor demandedfarmers and others were left out of the codes.only stuck around two years. ended may 27 1935.declared it unconstitutional by the supreme court,The 100 daysroosevelts first 100 days in officehe passed fifteen major lawsgave 15 messages to congress10 speechespress conferencescabinet meetings twice a weekpassed many acts- the economy act and volstead act.Security and Exchange Commision (SEC) banking/stockmarket/businesss-established 1934 by congress-created to regulate stock market(make sure no body is doing anything illegal)- enforce 7 major actsDeficit Spending- government spent more money than they hadto get the economy up and running again."Priming The Pump"government takes action to stimulate the economy .pretty much the same as deficit spending.new deal is a waste of tax payers moneyy.Banking Act 1935federal deposit insurance corp. was created by the banking act of 1933.modified the federal reserve
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