Which agency regulated industry and aimed to raise wages and prices during the New Deal?

Prepare for the AMSCO AP United States History Exam's Period 7. Study with flashcards and multiple choice questions, each with hints and explanations. Get exam-ready!

The National Recovery Administration (NRA) was established as part of the New Deal to help stimulate the economy during the Great Depression. Its primary goals included regulating industry, promoting fair competition, and raising wages and prices to boost consumer purchasing power. The NRA implemented codes of fair competition that set standards for wages, working hours, and prices across various industries, aiming to promote economic stability and recovery. This effort was part of a broader strategy to combat the severe economic hardships the country faced at the time.

The other agencies mentioned serve different purposes; for instance, the Securities and Exchange Commission oversees securities markets to protect investors, the Civilian Conservation Corps focused on natural resource conservation and employment for young men, and the Social Security Administration was created to administer social insurance programs. Each agency played a role in the New Deal, but the NRA specifically targeted industrial regulation and the manipulation of wages and prices, making it the correct response to the question.

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