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practice testMultiple Choice

Practice Test

Question 2 • United States History and Geography

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

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

Explanation

During World War II, the U.S. government established the Office of Price Administration (OPA) to control inflation and set price limits on scarce goods. The War Production Board focused on directing industrial production for the war, not setting prices.

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