What was the main purpose of the National Recovery Administration (NRA)?

The National Recovery Administration (NRA) was established in 1933 as part of the New Deal to stimulate economic recovery during the Great Depression. Its main purpose was to promote industrial growth, fair competition, and labor rights by setting codes of fair practices, which included establishing minimum wages and maximum working hours. The NRA aimed to reduce unemployment and improve working conditions while encouraging consumer spending. Ultimately, it sought to create a more balanced and equitable economy.