Print
Word
PDF|
This section contains 342 words (approx. 2 pages at 300 words per page) |
|
The most important provision of the NRA was its codes regarding wages and rules concerning labor. Believing that a primary cause of the Depression was the low wages of workers, the New Dealers sought to raise wages, limit hours, and improve working conditions. The New Dealers believed that high wages would be used to purchase consumer goods, sparking increased production by industry, and setting the economy on the road to recovery. It was, in a sense, the exact opposite of the "trickle-down" philosophy of the system of '96 — a kind of "trickle-up" theory. As Roosevelt explained it when he signed the National Industrial Recovery Act (the congressional measure that brought the NRA into being):
The law I have just signed was passed to put people back to work — to let them buy more of the products of farms and factories and start our...
|
This section contains 342 words (approx. 2 pages at 300 words per page) |
|
