QUESTION IMAGE
Question
what created industry standards for production, prices, and working conditions, but was struck down by the supreme court as unconstitutional?
- glass-steagall act
- federal emergency relief administration
- public works administration
- national industrial recovery act
Brief Explanations
- The Glass - Steagall Act was about banking regulation, separating commercial and investment banking, not about production, prices, and working conditions industry standards.
- The Federal Emergency Relief Administration (FERA) was focused on providing direct relief to the unemployed, not creating industry standards.
- The Public Works Administration (PWA) was about funding public works projects to create jobs and stimulate the economy, not setting industry - wide production, price, and working condition standards.
- The National Industrial Recovery Act (NIRA) aimed to create industry - wide codes for production, prices, and working conditions to combat the Great Depression. However, it was struck down by the Supreme Court as unconstitutional.
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D. National Industrial Recovery Act