The National Industrial Recovery Act (NIRA) and the Agricultural Adjus

The National Industrial Recovery Act (NIRA) and the Agricultural Adjustment Act (AAA) formed the backbone of the First New Deal. Describe the key provisions of these important pieces of legislation.

What will be an ideal response?

ANSWER
NIRA: Representatives of government, labor, and industry drafted codes of competition to lower production and establish price guidelines. Cooperating industries were exempted from anti-trust laws, and labor gained rights to collective bargaining, minimum wages, and maximum hours. The PWA was established to “prime the pump” of economic recovery.
AAA: Large farmers were given domestic allotments or acreage quotas to limit production. They received government subsidies (raised from special taxes on processors) for land they left fallow.