Primeira página
/
História
/
9. What was the purpose of the Office of Price Administration?Why? Typearesponse

Pergunta

9. What was the purpose of the Office of
Price Administration?Why?
Typearesponse

9. What was the purpose of the Office of Price Administration?Why? Typearesponse

Solução

expert verifiedVerification of experts
4.2165 Voting
avatar
RaulMestre · Tutor por 5 anos

Responder

The purpose of the Office of Price Administration was to control inflation and ensure the cost of living for the average American remained stable during World War II.

Explicação

## Step 1<br />The Office of Price Administration (OPA) was a government agency established during World War II. Its primary role was to control inflation and ensure that the cost of living for the average American remained stable. This was achieved by implementing price controls on essential goods and services, such as food and clothing.<br /><br />## Step 2<br />The OPA's establishment was a response to the economic challenges of the war. With the war effort requiring a significant portion of the nation's resources, there was a risk of inflation due to increased demand and potential shortages. The OPA's price controls helped to prevent excessive price increases, ensuring that the cost of living did not become prohibitively expensive for the average American.<br /><br />## Step 3<br />The OPA's role was crucial in maintaining the economic stability of the United States during a time of global conflict. By controlling prices, the OPA helped to ensure that the war effort could be sustained without causing undue hardship to the American people.
Clique para avaliar: