The National Industrial Recovery Act (NIRA)

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The National Industrial Recovery Act (NIRA) did not outlaw labor unions and did not primarily focus on small, independently owned businesses. Instead, it sought to promote industrial recovery and labor reform by allowing businesses to coordinate prices and production under supervision by the government. This effectively reversed decades of antitrust legislation, as it allowed businesses to cooperate and coordinate in ways that would have previously been illegal. The "Blue Eagle" was actually a symbol of support for the NIRA, not opposition to it.