How did the New Deal hope to stimulate industrial recovery?

A. Cash subsidies were given to industries that made consumer goods.

B. Businesses were allowed to raise or lower prices to discourage competition.

C. Incentives were offered through the NRA for businesses improving factories.

D. Antitrust suits were suspended against businesses that cooperated with the NRA.

Question

History

Kyan Meyer

15 January, 01:44

How did the New Deal hope to stimulate industrial recovery?

A. Cash subsidies were given to industries that made consumer goods.

B. Businesses were allowed to raise or lower prices to discourage competition.

C. Incentives were offered through the NRA for businesses improving factories.

D. Antitrust suits were suspended against businesses that cooperated with the NRA.

+3

Answers (1)

Know the Answer?

Miasy · Answer 1

Answer: Incentives were offered through the NRA for businesses improving factories.

Explanation:

The Industry Improvement Act meant to enable employment and to regulate the dizzying fall in prices. The result of the implementation of the law meant stopping the fall in prices and rising wages.

However, the continuous cycle of overproduction has again knocked prices down, and the law was declared unconstitutional.