In Reaction to Passage of the National Industrial Recovery Act

question 8

Multiple Choice

In reaction to passage of the National Industrial Recovery Act, which was intended to stabilize economic activity, employers:

• A) worked closely with unions to expand their membership.
• B) allied closely with union leaders to alleviate effects of depression.
• C) formed associations among themselves to draw up codes of competition.
• D) eliminated company unions.
• E) all of these.

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Definitions:

Deposit

A sum of money placed into an account, typically in a bank, to be kept safe and potentially earn interest.

Interest Bearing Account

A bank account that yields interest income on the deposited funds over time, offering a return to the account holder.

Disburses Cheques

The process of issuing and distributing checks by an individual or entity, usually for payment purposes.

Transfer

The act of moving assets, securities, or other valuables from one party to another.