The National Industrial Recovery Act, passed in 1933, was a New Deal effort to
A) remove trade barriers so that U.S. corporations could be more competitive.
B) fix prices, wages, and quotas in an effort to keep prices high.
C) lower corporate taxes in order to stimulate real output.
D) stimulate demand for agricultural products through tax incentives.

Question

Quizplus · Accepted Answer

The National Industrial Recovery Act included provisions for the government to set prices, wages, and quotas in an effort to stabilize the economy and prevent price-cutting and overproduction. This was known as the "NRA Code."

The National Industrial Recovery Act, Passed in 1933, Was a New