National Industrial Recovery Act Law and Legal Definition
The National Industrial Recovery Act of 1933 is a U.S. federal statute. The object of the Act is to relieve the serious depression and unemployment that followed the stock-market crash. The Act regulates the industry and permit cartels and monopolies in an attempt to stimulate economic recovery. The power to regulate the industries is authorized to the President.
The Act establishes a public works program.
The Act was amended by the National Labor Relations Act in 1935.
Legal Definition list
- National Indian Organization
- National Indian Gaming Commission [NIGC]
- National Indian Child Welfare Association
- National Incident-Based Reporting System
- National Incident Management System [NIMS]
- National Industrial Recovery Act
- National Information Exchange Model
- National Instant Criminal Background Check System [NICS]
- National Institute for Juvenile Justice and Delinquency Prevention
- National Institute for Occupational Safety and Health
- National Institute of Aging
