5
RCMultiple Choice

America and the Global Economy — Cumulative exam

Question 5 • 11011de2 CONNECTED Fall 2026 NM-US History and Geography S2

How did the US government control price increases for scarce goods?

Answer
A
It set a price scale determining what different people could afford.
B
It established the Office of Price Administration.
C
It set new prices weekly depending on the availability of goods.
D
It established the War Production Board to study pricing of scarce goods.

Explanation

The U.S. government established the Office of Price Administration (OPA) to limit price increases and control prices during shortages, especially during World War II. The OPA also administered rationing for scarce goods. The War Production Board focused on directing industrial production, not setting prices.

AI-written and checked against the verified answer.

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