How did the US government control price increases for scarce goods? It set a price scale determining what different people could afford. It established the Office of Price Administration. It set new prices weekly depending on the availability of goods. It established the War Production Board to study pricing of scarce goods.

Question

History

Camilla Daugherty

15 January, 02:07

How did the US government control price increases for scarce goods? It set a price scale determining what different people could afford. It established the Office of Price Administration. It set new prices weekly depending on the availability of goods. It established the War Production Board to study pricing of scarce goods.

+3

Answers (2)

Know the Answer?

Sebastian Thomas · Answer 1

The Us government control price increases for scarce goods by establishing the Office of Price Administration, better known as OPA which was established within the Office for Emergency Management of The Unites States Government on August 28 in 1941. It primary function is to control money, that is prices and rents.

Chanel Cruz · Answer 2

The correct answer option is: It established the Office of Price Administration.

Explanation:

The government of the United States of America controlled the increase in prices for the scarce goods by establishing the Office of Price Administration.

The Office of Price Administration (OPA) was established on August 28, 1941 by the executive order.

The main purpose behind bringing this office into existence was to control the prices and rents after the breakout of the Second World War.