Examlex
For a zero-growth firm, it is possible to increase the percentage of sales that are made on credit and still keep accounts receivable at their current level, provided the firm can shorten the length of its collection period sufficiently.
National Industrial Recovery Act
A key piece of legislation passed in 1933 as part of U.S. President Franklin D. Roosevelt's New Deal, aiming to stimulate economic recovery during the Great Depression by regulating industry and promoting fair labor standards.
Construction Industry
Refers to the sector of the economy that focuses on the building and assembling of infrastructure, buildings, and other physical structures.
Wagner Act
The Wagner Act, also known as the National Labor Relations Act of 1935, secured the right of workers to form unions and engage in collective bargaining with employers.
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