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The New Deal
Beginning of essay
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 depressio ....
Middle of essay
....under the terms of the
National Industrial Recovery Act. The NRA permitted businesses to draft "codes
of fair competition," with presidential approval, that regulated prices, wages,
working conditions, and credit terms. Businesses that complied with the codes
were exempted from antitrust laws, and workers were given the right to organize
unions and bargain collectively. After that, the government set up long-range
goals which included permanent recovery, and a reform of current abuses.
Particul.... |
| Number of words: 840 |
Approximate pages: 4 |
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