What did the Office of Price Administration OPA do answers?
Table of Contents
- 1 What did the Office of Price Administration OPA do answers?
- 2 What did the Office of Price Administration OPA do during the war?
- 3 What did the Office of Price Administration do with American families?
- 4 Why did the Office of Price Administration control the price of most goods?
- 5 What did the Office of Price Administration do to control the economy during World war 2?
- 6 How did the Office of Price Administration OPA affect local communities?
- 7 In what ways did the OPA Office of Price Administration ensure that Americans used their resources wisely?
- 8 Why did the Office of Price Administration OPA institute price controls during WWII?
What did the Office of Price Administration OPA do answers?
The OPA froze wages and prices and initiated a rationing program for items such as gas, oil, butter, meat, sugar, coffee and shoes in order to support the war effort and prevent inflation. established within the Office for Emergency Management of the United States Government by Executive Order 8875 on August 28, 1941.
What did the Office of Price Administration OPA do during the war?
On August 28, 1941, President Roosevelt’s Executive Order 8875 created the Office of Price Administration (OPA). The OPA’s main responsibility was to place a ceiling on prices of most goods, and to limit consumption by rationing. Other ration cards developed as the war progressed.
What did the Office of Price Administration target?
63 Cards in this Set
| What problem was targeted by the Office of Price Administration? | Inflation |
|---|---|
| To combat the wartime inflation, the US government did all of the following: | Raise and extend the income tax Impose wage and price controls Encourage the purchase of war bonds |
What did the Office of Price Administration do with American families?
In May of 1942, the U.S. Office of Price Administration (OPA) froze prices on practically all everyday goods, starting with sugar and coffee. War ration books and tokens were issued to each American family, dictating how much gasoline, tires, sugar, meat, silk, shoes, nylon and other items any one person could buy.
Why did the Office of Price Administration control the price of most goods?
President Roosevelt established the Office of Price Administration and Civilian Supply in April 1941 to “stabilize prices and rents and prevent unwarranted increases in them; to prevent profiteering, hoarding and speculation; to assure that defense appropriations were not dissipated by excessive prices; to protect …
What system did the Office of Price Administration set up during the war for scarce goods?
Because of these shortages, the US government’s Office of Price Administration established a system of rationing that would more fairly distribute foods that were in short supply. Every American was issued a series of ration books during the war.
What did the Office of Price Administration do to control the economy during World war 2?
The Office of Price Administration, established in 1941, controlled money (price controls), rents after the outbreak of World War II, and wages. It also rationed scarce supplies. The War Production Board established in 1942 was the major war-time agency in charge of converting peacetime industries to meet war needs.
How did the Office of Price Administration OPA affect local communities?
The OPA had the power to place ceilings on all prices except agricultural commodities, and to ration scarce supplies of other items, including tires, automobiles, shoes, nylon, sugar, gasoline, fuel oil, coffee, meats and processed foods. At the peak, almost 90\% of retail food prices were frozen.
Was the purpose of the Office of Price Administration was to make sure that war industries received needed resources?
Terms in this set (15) The purpose of the Office of Price Administration was to make sure that the war industries received needed resources. African Americans who worked in noncombat positions during the war were called WAC’s. The final decision to use the atomic bomb against Japan was made by J.