Which initiative was aimed at ensuring security for capitalists during the New Deal era?

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The National Recovery Administration (NRA) was designed to ensure security for capitalists during the New Deal era by stabilizing the economy and promoting fair competition. Established in 1933, the NRA aimed to counteract the Great Depression's effects by fostering corporate cooperation, setting industrial codes that regulated prices, wages, and working hours, thus balancing the interests of workers and employers. By establishing guidelines that companies would follow, it sought to restore consumer confidence and increase purchasing power, ultimately securing a more stable environment for businesses.

This initiative emphasized the collaboration between government and industry to create a more organized and predictable economic landscape. The NRA was part of a broader effort to combat economic instability, ultimately serving the interests of capitalists by providing a framework that could help them operate more effectively within a depressed economy while also addressing labor concerns to a limited extent.

The other initiatives listed had different primary focuses. For example, the Federal Housing Administration aimed to make housing more affordable and accessible, the Social Security Administration was established to provide social insurance and welfare, and the Works Progress Administration concentrated on job creation. While these programs were essential to the overall New Deal strategy, they did not specifically focus on ensuring security for capitalists in the way that the National Recovery Administration did.

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