NATIONAL RECOVERY ADMINISTRATION (NRA)


Meaning of NATIONAL RECOVERY ADMINISTRATION (NRA) in English

(1933–35) U.S. government agency established to stimulate business recovery during the Great Depression .

As part of the National Industrial Recovery Act (1933), the NRA established codes to eliminate unfair trade practices, reduce unemployment, and set minimum wages and maximum hours. The U.S. Supreme Court invalidated the act in 1935 because it gave quasi-legislative powers to the executive branch. Many of its provisions appeared in subsequent legislation.

Britannica English dictionary.      Английский словарь Британика.