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National Recovery Administration (NRA)

Published on Nov 21, 2015

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PRESENTATION OUTLINE

NATIONAL RECOVERY ADMINISTRATION (NRA)

JUN BARK

Untitled Slide

  • The year that this program was established was 1933

BASIC IDEA OF NRA WAS..

  • Tell the business and government representatives to set a level of price, production level, set minimum, and maximum wages.

The purpose was to balance out things through out USA.

AFFECT/BENEFITS

  • This definitely affects all Americans because if you are a buyer, it might be good and bad at the same time.
  • Same goes for a seller.

For sellers, you can't sell things at your own price, but you can sell something for a good price that the NRA set.

HOW IS IT GOOD AND BAD?

  • For buyers it is good because a non-quality item can't be sold at a overly price.
  • One negative thing is that if the NRA sets the price limit too high, you have to pay that much for a non-quality product.

NRA lost support from public and government supports. One fact about NRA is that it ended child labor

IS IT STILL AROUND TODAY?

NO. NRA ENDED IN 1935 BY THE SUPREM COURT