Answer:
In 1933, US President Franklin D. Roosevelt (FDR) set up the National Recovery Administration (NRA). The administration's goal was to eliminate competition by bringing together industry, labor, and government to develop codes of 'fair practices' and price determination.
Explanation:
NRA was established through the NIRA and allowed companies to meet and write 'fair competition codes.'
The NRA was popular with workers, symbolized by the Blue Eagle. Businesses that supported the NRA did not always comply with the rules but placed the symbol on their windows and packages.
The codes were intended to assist employees in setting maximum wages, maximum hours, and minimum prices for products. The NRA had also a two-year charter for renewal that would expire if not renewed in June 1935.
The National Labor Relations Act (Wagner Act) adopted later in the same year, though many of the NRA's provisions reappeared. The long-term result has been an increase in the growth in the power of unions that for the next three decades became an integral part of the New Deal Coalition.
