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"It is hereby declared to be the policy of Congress to remove obstructions to the free flow of interstate and foreign commerce which tend to diminish the amount thereof; and to provide for the general welfare by promoting the organization of industry for the purpose of cooperative action among trade groups, to induce and maintain united action of labor and management under adequate governmental sanctions and supervision, to eliminate unfair competitive practices, to promote the fullest possible utilization of the present productive capacity of industries, to avoid undue restriction of production (except as may be temporarily required), to increase the consumption of Industrial and agricultural products by increasing purchasing power, to reduce and relieve unemployment, to improve standards of labor, and otherwise to rehabilitate industry and to conserve natural resources."—Section 1, National Industrial Recovery Act, 1933The National Industrial Recovery Act a. developed codes of fair competition to regulate industries. b. insured bank loans used for building and repairing homes. c. built bridges, dams, power plants, and government buildings. d. granted federal funds to state and local agencies to help the unemployed.

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