Asked by Jamal Drayton on Jul 01, 2024
Verified
The War Industries Board was created __________________________.
A) to serve as a clearing-house to coordinate the national economy during wartime
B) to act as an employment agency to direct workers into war-related industries
C) to oversee American corporations to make sure they did not violate antitrust laws
D) to oversee and coordinate the work of corporations and universities engaged in weapons research and development
War Industries Board
A U.S. government agency established during World War I to coordinate the production of war materials and the distribution of industrial products.
National Economy
The total economic activities and policies within a country, encompassing production, consumption, and trade of goods and services.
Antitrust Laws
Legislation enacted to prevent monopolies and promote competition among businesses.
- Gain an insight into the factors and effects of U.S. policy and administrative measures taken in response to the First World War, including the approaches to fund the war and regulate the economy.
Verified Answer
ZK
Zybrea KnightJul 02, 2024
Final Answer :
A
Explanation :
The War Industries Board was created in 1917 by President Woodrow Wilson to serve as a clearing-house to coordinate the national economy during wartime. Its goal was to increase efficiency and productivity in the production of war-related goods by setting priorities, determining production levels, and allocating resources. Its chairman, Bernard Baruch, had broad power to oversee and coordinate the work of corporations and other entities engaged in war production.
Learning Objectives
- Gain an insight into the factors and effects of U.S. policy and administrative measures taken in response to the First World War, including the approaches to fund the war and regulate the economy.