During the first year of the National Recovery Administration,
A) both of these occurred: industry saw prices decline, and industrial production rose.
B) industrial production rose.
C) All these answers are correct.
D) large producers consistently dominated the code-writing process.
E) industry saw prices decline.

Question

Quizplus · Accepted Answer

The National Recovery Administration (NRA) was a prime New Deal agency established by U.S. president Franklin D. Roosevelt (FDR) in 1933. The goal of the NRA was to eliminate "cut-throat competition" by bringing industry, labor, and government together to create codes of "fair practices" and set prices. Large producers often dominated the code-writing process because they had the resources and political influence to ensure that the codes favored their interests. This dominance by large producers was a significant aspect of the NRA's operations during its first year.

During the First Year of the National Recovery Administration