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Which of the following was not a policy undertaken by the NIRA?

A. agreement among industries to set prices

B. agreement among industries to reinvest profits into their firms

C. agreement among industries to set production levels

D. recognition of the right of workers to form unions

2 Answers

4 votes

Final answer:

The NIRA did not include a policy for industries to reinvest profits into their firms. It focused on agreements on pricing, production, and workers' rights to form unions.

Step-by-step explanation:

The correct answer to which of the following was not a policy undertaken by the NIRA (National Industrial Recovery Act) is B. agreement among industries to reinvest profits into their firms. The NIRA focused on collective agreements on pricing and production levels and also explicitly recognized the right of workers to form unions. However, it did not mandate the reinvestment of profits back into companies; that decision was left to individual firms. This act was part of the broader New Deal aimed at recovering the U.S. economy during the Great Depression.

User BlueMagma
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2 votes

Final answer:

The policy not undertaken by the NIRA was the agreement among industries to reinvest profits into their firms. The NIRA did include setting prices, production levels, and the right of workers to form unions.

Step-by-step explanation:

The question asks which policy was not undertaken by the National Industrial Recovery Act (NIRA).

The NIRA included several policies, such as agreement among industries to set prices, set production levels, and the recognition of the right of workers to form unions.

These efforts were part of the National Recovery Administration (NRA), which created codes for industries to regulate wages, prices, and production.

However, an agreement among industries to reinvest profits into their firms was not a policy of the NIRA. Therefore, the correct answer is B. agreement among industries to reinvest profits into their firms.

User Magnus Melwin
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