The National Industrial Recovery Act, Passed in 1933, Was an Attempt

Multiple Choice

The National Industrial Recovery Act, passed in 1933, was an attempt to

A) break monopolies and cartels, and introduce competition into several different industries.
B) fix prices, wages, and quotas for several industries in an effort to keep prices high.
C) lower corporate taxes and remove collusive behavior in an effort to keep U.S. firms competitive with foreign manufacturers.
D) create a stable economic environment that would encourage investment and expansion in the industrial sector of the economy.