Codes of Fair Competition
CODES OF FAIR COMPETITION
CODES OF FAIR COMPETITION. Passed amidst spiraling deflation and unemployment, the National Industrial Recovery Act of 16 June 1933 set sweeping guide-lines—including production restrictions, minimum wages, and working conditions—to limit competition and foster a spirit of teamwork among industry rivals. Industry representatives helped draft the standards, which were enforced by the National Recovery Administration (NRA). In exchange for their cooperation, compliant corporations received exemption from antitrust prosecution. Some trade associations used the "fair competition" codes to restrict legitimate competition, however, and after repeated legal challenges, the Supreme Court declared the NRA unconstitutional in 1935.
Brand, Donald R. Corporatism and the Rule of Law. Ithaca, N.Y.: Cornell University Press, 1988.
Hawley, Ellis W. The New Deal and the Problem of Monopoly. Princeton, N.J.: Princeton University Press, 1966.
Romasco, Albert U. The Politics of Recovery. New York: Oxford University Press, 1983.
Myron W.Watkins/a. r.
"Codes of Fair Competition." Dictionary of American History. . Encyclopedia.com. (June 22, 2017). http://www.encyclopedia.com/history/dictionaries-thesauruses-pictures-and-press-releases/codes-fair-competition
"Codes of Fair Competition." Dictionary of American History. . Retrieved June 22, 2017 from Encyclopedia.com: http://www.encyclopedia.com/history/dictionaries-thesauruses-pictures-and-press-releases/codes-fair-competition
Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA).
Within the “Cite this article” tool, pick a style to see how all available information looks when formatted according to that style. Then, copy and paste the text into your bibliography or works cited list.
Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. Therefore, it’s best to use Encyclopedia.com citations as a starting point before checking the style against your school or publication’s requirements and the most-recent information available at these sites:
Modern Language Association
The Chicago Manual of Style
American Psychological Association
- Most online reference entries and articles do not have page numbers. Therefore, that information is unavailable for most Encyclopedia.com content. However, the date of retrieval is often important. Refer to each style’s convention regarding the best way to format page numbers and retrieval dates.
- In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list.