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The National Industrial Recovery Act of 1933 Sought to Promote

Question 17

Multiple Choice

The National Industrial Recovery Act of 1933 sought to promote economic recovery by


A) reducing taxes and lowering interest rates
B) nationalizing key industries and lowering the capital gains tax
C) ending cutthroat competition among competing businesses by allowing them to cooperate in establishing prices and wages
D) implementing Keynesian economic theory and providing direct relief

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