National Recovery Administration 1933 Magnet

The National Recovery Administration was part of a myriad of agencies formed under President Roosevelt's New Deal initiative, this one designed to help America recover from the Great Depression. Founded in 1933 to stimulate industrial recovery, The National Recovery's mission was to limit competition and halt the spiraling pattern of wage reduction and price falls, while maintaining the integrity of the free market. The administration requested the input of businesses, labor, and consumers in drafting new guidelines for working hours, minimum wages, and production norms. Registered businesses were allowed to exhibit a blue eagle emblem, and customers were encouraged to patronize establishments where this symbol was displayed.