Why Did the Industrial Recovery Program Under the National Industrial

question 72

Multiple Choice

Why did the industrial recovery program under the National Industrial Recovery Act come to an end in 1935?

• A) Roosevelt decided it was a failure and refused to continue it.
• B) The Supreme Court ruled it to be unconstitutional.
• C) Congress refused to appropriate more money to allow it to continue.
• D) Roosevelt abandoned it because of increasing opposition from businessmen.

---

Definitions:

Tariffs and Quotas

Government-imposed trade restrictions; tariffs are taxes on imported goods, while quotas are limits on the quantity of goods that can be imported.

Quotas

Restrictions imposed by a government on the quantity of a good that can be imported or exported during a specific period.

Tariffs

Taxes imposed by a government on imported goods to protect domestic industries or raise revenue.

International Trade

The exchange of goods, services, and capital between countries and territories.