Date in year · 1933 · The 1930s
On June 16, 1933, the National Industrial Recovery Act is passed in the United States, allowing businesses to avoid antitrust prosecution if they establish voluntary wage, price, and working condition regulations on an industry-wide basis. Robert Bourassa, Dumaagiin Sodnom, Robert Bourassa would arrive in the same year.
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1933
1930s
Featured · June 16, 1933
The National Industrial Recovery Act of 1933 (NIRA) was a US labor law and consumer law passed by the 73rd US Congress to authorize the president to regulate industry for fair wages and prices that would stimulate economic recovery. It also established a national public works program known as the Public Works Administration (PWA). The National Recovery Administration (NRA) portion was widely hailed in 1933, but by 1934 business opinion of the act had soured.
Around 1933
1933 (MCMXXXIII) was a common year starting on Sunday of the Gregorian calendar, the 1933rd year of the Common Era (CE) and Anno Domini (AD) designations, the 933rd year of the 2nd millennium, the 33rd year of the 20th century, and the 4th year of the 1930s decade.
What happened
US labor law and consumer law
The National Industrial Recovery Act of 1933 (NIRA) was a US labor law and consumer law passed by the 73rd US Congress to authorize the president to regulate industry for fair wages and prices that would stimulate economic recovery. It also established a national public works program known as the Public Works Administration (PWA). The National Recovery Administration (NRA) portion was widely hailed in 1933, but by 1934 business opinion of the act had soured.
Elsewhere that year
The class of 1933
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