AMERICAN IMPERIALISM 1890 1919
THE UNITED STATES IN WORLD WAR I
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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favored large over small contractors
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had complete control over military purchases
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won the support of small business
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was maintained under the auspices of the Department of Labor
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was directed by Roosevelt ally Leon Henderson
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Detailed explanation-1: -Its purpose was to regulate the production and distribution of materials during World War II in the United States and to convert peacetime industries to meet the demands of war.
Detailed explanation-2: -Nelson’s WPB got the authority to commandeer materials and prioritize their use, force the conversion and expansion of factories, and ban the production of “nonessential” goods. Soon, items such as refrigerators, bicycles and waffle irons were largely out of production for the duration of the war.
Detailed explanation-3: -During World War II the War Production Board (WPB) was granted supreme authority to direct procurement of materials and industrial production programs. Established by Executive Order 9024 on January 16, 1942, the WPB replaced the Supply Priorities and Allocation Board as well as the Office of Production Management.
Detailed explanation-4: -World War II was financed through debt and higher taxes, by the end of the war, U.S. gross debt was over 120% of GDP and tax revenue increased more than three times to over 20% of GDP. Although GDP growth skyrocketed to over 17% in 1942, both consumption and investment experienced a substantial contraction.