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How Did The National Recovery Act Affect The Economy

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How Did The National Recovery Act Affect The Economy
. When Roosevelt took office, he came out with the New Deal that was formed a series of reform laws which consisted of attempting to organize capitalism. Hence, the first and main reform was the National Recovery Act (NRA), this was a law passed by the United States Congress in 1933. It was designed to support the President to control businesses to raise prices after severe deflation to stimulate economic recovery. Also, established a national public works program known as Public works Administration. In contrast, the national Recovery Act (NRA) took total control of the economy by the government, management, and labor, such things that give more benefit the big business and give some business to the working class. In fact, this reform didn’t

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