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The New Deal
Beginning of paper
During the 1930's, America witnessed a breakdown of the Democratic
and free enterprise system as the US fell into the worst depression in
history. The economic depression that beset the United States and other
countries was unique in its severity and its consequences. At the depth of
the depression, in 1933, one American worker in every four was o ....
Middle of paper
....ental task, several agencies were created.
The National Recovery Administration (NRA) was the keystone of the early
new deal program launched by Roosevelt. It was created in June 1933 under
the terms of the National Industrial Recovery Act. The NRA permitted
businesses to draft "codes of fair competition," with presidential
approval, that regulate.... |
| Word count: 839 |
Page count: 4 |
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