Final answer:
The National Recovery Administration (NRA) played a pivotal role in stabilizing the American economy through industry regulations and labor provisions under President Roosevelt's New Deal.
Explanation:
The National Recovery Administration (NRA) played a crucial role in President Roosevelt's New Deal by working to stabilize the American economy through industry regulations and labor provisions.
As part of the National Industrial Recovery Act (NIRA), the NRA allowed businesses to establish codes that set prices, production levels, and employment conditions, aiming to reduce cutthroat competition.
Despite its efforts, the NRA was later declared unconstitutional by the Supreme Court in 1935 due to concerns over government overreach into industry affairs.
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