Pros And Cons Of NIRA Reform

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NIRA - This was the National Industrial Recovery Act, it was created in 1933 was a US labor law and consumer law passed by the US Congress to authorize and it caused the industry to create fair wages and prices that would stimulate economic recovery. It also established a public works program known as the PWA. It was a reform because it created minimum and standard wages for industry workers. It was eventually declared unconstitutional and it was never replaced.
SSA - This is the Social Security Administration, created in 1935. It was apart of FDR’s New Deal and it was a form of social insurance created for people who were of old retirement age. It protected them and offered them money after they retired when they paid social security taxes.

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