What Did The Office Of Price Administration Opa Do
The opa set wages and controlled inflation to help manage the wartime economy.
What did the office of price administration opa do. In late 1946 much of what the opa had been responsible for was handed over to the office of temporary controls. On december 27 1941 the federal office of price administration initiates its first rationing program in support of the american effort in world war ii. The office of price administration opa was established within the office for emergency management of the united states government by executive order 8875 on august 28 1941.
The office of price administration then initiated yet more attempts to force price and rent controls compliance on businesses and landlords. The office of price administration was officially closed on may 29 1947 after seven years of existence. Its main duty was to control money to exercise price controls after the start of wwii in europe by that time the us was not directly participating in the conflict yet.
The functions of the opa were originally to control money price controls and rents after the outbreak of world war ii. What did the office of price administration opa and the war production board wpb have in common during world war ii. It mandates that from that day on no.
During world war ii 1939 1945 the federal government became the major consumer of production for the war period. Asked by wiki user. By the end of the war the opa was able to say with some satisfaction that it had mostly succeeded in maintaining generally stable prices throughout the second half of the war years for americans.
How did the office of price administration help manage the wartime economy. Office of price administration. Money matters were taken over by the federal trade commission.
Opa ran the rationing which saved the goods for war production. No chance without jesus.