Definition of corporation. 1a : a group of merchants or traders united in a trade guild (see guild 1)b : the municipal authorities of a town or city. 2 : a body formed and authorized by law to act as a single person although constituted by one or more persons and legally endowed with various rights and duties including the capacity of succession.
In his June 16, 1933 Statement on the National Industrial Recovery Act, President Roosevelt described the spirit of the NRA: On this idea, the first part of the NIRA proposes to our industry a great spontaneous cooperation to put millions of men back in their regular jobs this summer..
Federal Emergency Relief Administration (FERA) FERA was one of th the The Federal Emergency Relief Administration (FERA), was created in 1933, gave millions to states for work relief programs. In a report to Congress in 1936, FERA indicated that while actual physical suffering was prevented, it was never fully possible to achieve living standards of minimum decency for the entire population in need of relief.