Franklin D. Roosevelt's National Industrial Recovery Act (NIRA)

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President Franklin D. Roosevelt’s New Deal was a package of economic programs that were made and proposed from 1933 up to 1936. The goals of the package were to give relief to farmers, reform to business and finance, and recovery to the economy during the Great Depression. Among many other new acts to help give recovery to the economy, the NIRA was born. The National Industrial Recovery Act (NIRA) was created by Roosevelt to see to the needs of industry, trade unions, and even the consumer, promoting cooperation among corporations while also establishing codes for fair competition between industries. Most importantly, the purpose of the NIRA was the put people back to work and fight the Great Depression. As Roosevelt saw it, the NIRA helped everyone involved in a business right down to the consumer. With this, he set men to work to set his plan into motion and to get it down on paper. With several men working on the project, there were bound to be slightly different ideas about how the act should work, so two separate groups of administration officials came up with two different drafts for the act. Roosevelt put the two groups together to work on one proposal that shared the ideas of both side and by May 15th, the bill was ready to be seen by Congress (Industrial Recovery: Reviving the Heart of America). After the Senate made its decision, the NIRA was signed on June 16th, 1933 and was split into two parts. The first part of the NIRA was Industrial Recovery. This part promoted industries to be organized and have fair competition. It also established the National Recovery Administration (NRA) (Industrial Recovery: Reviving the Heart of America). The NRA was set up to establish a code for businesses to follow. The NRA had 541 ... ... middle of paper ... ...’t have enough of a uniform plan or any support from its businesses. Works Cited “Industrial Recovery: Reviving the Heart of America.” January 2, 2010 . Mullins, William H.. "National Recovery Administration". Encyclopedia of Oklahoma History and Culture. 2 January 2010 . “National Industrial Recovery Act (1933).” Net Industries. January 2, 2010. . “National Industrial Recovery Act of 1933.” Dictionary By Farlex. January 2, 2010. . “Successes and Failures of Roosevelt's "New Deal" Programs.” January 2, 2010. .

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