Which bill created groups in different industries to write codes that were used to regulate production priceswagesand working conditions?

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2026-08-15 02:55

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The National Industrial Recovery Act (NIRA) of 1933 created industry-specific codes to regulate production, prices, wages, and working conditions. This legislation aimed to stimulate economic recovery during the Great Depression by promoting fair competition and improving labor standards. The Act established the National Recovery Administration (NRA), which oversaw the development and enforcement of these codes across various industries.

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