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what was the major concern of the office price administration

by Ivory Bogan Published 3 years ago Updated 2 years ago
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Following the beginning of World War II, The Office of Price Administration was established to control rents and the overall cost of items that might be affected by the conflict. Executive Order 8875 was implemented on August 28, 1941. This proclamation was set up within the United States Office of Emergency Management.

The rationing of goods to U.S. consumers during World War II was one of the many functions of the OPA. Perhaps the major problem of the OPA, functionally, was keeping economic inflation in strict control domestically, while providing military forces overseas with what they needed to fight the war.Jun 8, 2018

Full Answer

What was the purpose of the Office of Price Administration?

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 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 control do in WW2?

OFFICE OF PRICE ADMINISTRATION. OFFICE OF PRICE ADMINISTRATION (OPA) was the federal agency tasked with establishing price controls on nonagricultural commodities and rationing essential consumer goods during World War II (1939–1945).

When did Congress limit the power of the Office of Price Administration?

As early as 1944, in its annual debate about price control extension, Congress discussed limiting the power of the OPA as World War II drew to a close and the necessity of price controls was called into question.

How effective were OPA's price controls in WW2?

The effectiveness of OPA's measures is subject to some debate. While OPA pointed to an overall 31-percent rise in retail prices in World War II compared to a 62-percent rise in World War I (1914–1918), undoubtedly a black market developed in response to price controls. Maintenance of product quality was a constant concern.

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What was the goal of Office of Price Administration?

President Roosevelt established the Office of Price Administration and Civilian Supply in April 1941 to “stabilize prices and rents and prevent unwarranted increases in them; to prevent profiteering, hoarding and speculation; to assure that defense appropriations were not dissipated by excessive prices; to protect ...

What 2 problems was the Office of Price Administration OPA created to solve?

What basic problems were the OPA and WPB created to solve? Controlling inflation, managing shortages, and making sure that the armed forces and war industries got the resources they needed.

What did the Office of Price Administration aim to do on the homefront?

In April 1941, Roosevelt created the Office of Price Administration (OPA), and, once the United States entered the war, the OPA regulated prices and attempted to combat inflation. The OPA ultimately had the power to set ceiling prices for all goods, except agricultural commodities, and to ration a long list of items.

What did the Office of Price Administration do quizlet?

The Office of Price Administration, a New Deal organization created to control prices after the outbreak of WWII to control inflation and stabilize prices. It also had the power to ration scarce goods such as tires, automobiles, shoes, sugar, and gasoline among other things.

Which of the following is true of the Office of Price Administration quizlet?

Which of the following is true of the Office of Price Administration? It established a nationwide rationing program for certain consumer goods. Which of the following statements concerning the wartime economy is true? The national debt skyrocketed during the war years.

How did the Office of Price Administration fight inflation quizlet?

How did the Office of Price Administration fight inflation? OPA froze wages and prices and initiated a rationing program for items such as gas, oil, butter, meat, sugar, coffee and shoes in order to support the war effort and prevent inflation.

How did the Office of Price Administration help manage the wartime economy?

How did the Office of Price Administration help manage the wartime economy? The Office of Price Administration set wages and controlled inflation. What distinction did the all-Nisei 442nd Regimental Combat Team earn during the war? The 442nd was the most decorated unit in American history.

What happened on the homefront that allowed the US to be on the winning side of WWII?

Many Americans supported the war effort by purchasing war bonds. Women replaced men in sports leagues, orchestras and community institutions. Americans grew 60% of the produce they consumed in “Victory Gardens”. The war effort on the United States Home Front was a total effort.

What was the purpose of the Office of War Mobilization quizlet?

The Office of War Mobilization (OWM) was an independent agency of the United States government formed during World War II to coordinate all government agencies involved in the war effort. It was formed on May 27, 1943 by Executive Order 9347. Set production priorities and controlled raw materials.

What did the Office of War Information do?

The Office Of War Information The OWI served as an important U.S. government propaganda agency during World War II. It documented America's mobilization for the war effort in films, texts, photographs, radio programs, and posters.

What did the War Production Board achieve?

The WPB ensured that each factory received materials it needed to operate, in order to produce the most war goods in the shortest time. From 1942 to 1945 the WPB directed the production of $185 billion worth of armament and supplies.

What was the turning point in the battle of the Pacific?

+ Add to calendar. Though the June 1942 Battle of Midway is often seen as the turning point of the war in the Pacific, the Solomon Islands campaign, including the Battle of Guadalcanal, was equally pivotal.

When was the Office of Price Administration established?

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.

When did the Council of National Defense Advisory Commission become the Office of Price Administration and Civilian Supply?

President Franklin D. Roosevelt inaugurated the Council of National Defense Advisory Commission on May 29, 1940, to include Price Stabilization and Consumer Protection Divisions. Both divisions merged to become the Office of Price Administration and Civilian Supply (OPACS) within the Office for Emergency Management by Executive Order 8734, ...

What did the OPA do to the economy?

The OPA had the power to place ceilings on all prices except agricultural commodities, and to ration scarce supplies of other items , including tires, automobiles, shoes, nylon, sugar, gasoline, fuel oil, coffee, meats and processed foods. At the peak, almost 90% of retail food prices were frozen.

What happened to the OPA in 1946?

President Harry S. Truman vetoed this bill in hopes of forcing Congress to create a stronger one, but as the month of June came to an end the OPA shut down, and its price and rent controls went with it. The result was a sharp jump in prices, with food increasing by 14 percent and the cost of overall living rising by 6 percent, an equivalent to more than 100 percent per year. Consumers all over the nation turned out in varying numbers to protest these increases, with labor unions forming a major part of the participants.

How did the OPA work?

The OPA worked with consumer activists in a “mutually empowering” and mutually reliant fashion to ensure the effectiveness of its policies and activists’ interests. The state could back a large swathe of consumer activists into helping to ensure businesses were compliant with its policies.

Why did the OPA empower women?

The OPA’s enlistment of women to ensure that local businesses were complying with federal policies extended the public sphere into the private sphere and the effective growth of “state supervision.”.

What is the OPA?

Office for Emergency Management . 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 functions of the OPA were originally to control money ( price controls) and rents after the outbreak of World War II.

What was the purpose of the Office of Price Administration?

Following the beginning of World War II, The Office of Price Administration was established to control rents and the overall cost of items that might be affected by the conflict. Executive Order 8875 was implemented on August 28, 1941.

When did the Office of Price Administration close?

Money matters were taken over by the Federal Trade Commission. The Office of Price Administration was officially closed on May 29, 1947 after seven years of existence. Much of its work continued however under the auspices of different governmental agencies.

What was the purpose of the OPAC?

Its main purpose was price control. Previously, in mid-1940s, President Franklin Delano Roosevelt had reinstated a World War I advisory board for national defense. At the time, it was the council’s responsibility to oversee consumer protection and price stabilization. These two functions were then merged into OPAC ...

What was another commodity that became the responsibility of that bureau?

Rice was another commodity that became the responsibility of that bureau. Rent control was placed under the jurisdiction of the Office of the Housing Expediter. Any infringement of price control was litigated by the Dept. of Justice.

What percentage of food prices were held in check?

Additionally, the OPA had the power to limit all prices with the exception of agricultural goods. At its high point, nearly 90 percent of U.S. retail food prices were held in check. Some financial assistance was also awarded to produce some of these commodities.

What was the OPA's role in the war?

Its powers included the rationing of items which were in short supply due to the war. Some of these included processed foods, meat, coffee, oil and gas, sugar, nylon, cars, tires and even shoes.

What is the purpose of the Office of Price Administration?

It was established by Executive Order number 8875 back on August 28th of 1941. The purposes of this OPA were initially to help keep a reign on the prices of rents and essential goods following the beginning of the American involvement in the Second World War.

Who worked for the Price Administration during the war?

Among these were future President Richard Nixon, legal scholar William Prosser, and economist John Kenneth Galbraith.

When did the OPA end?

Eventually the OPA became entirely abolished as of May 29th of 1947. The March 14th of 1947 dated General Liquidation Order issued by the OPA Administrator was responsible for this closing up action. More important function of the ex-agency continued to be performed, albeit under the auspices of succeeding agencies.

Did the OPA keep prices stable?

Despite these humanitarian aims and endeavors though, the prices kept creeping up steadily. The Office of Price Administration then initiated yet more attempts to force price and rent controls compliance on businesses and landlords. 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.

When did the price index stabilize?

In December the Office of Price Administration began to close down. As a result, the consumer price index did not stabilize until 1948, when prices were more than a third above the 1945 level, while wage and salary income had risen by only about 15 percent.

Where is the OPA office in Harlem?

…of the riot, the federal Office of Price Administration (OPA) agreed to open an office on 135th Street in Harlem to investigate complaints about price gouging. The office was soon flooded with complaints. Mayor La Guardia was warned that when lease renewals came due, the landlords would violate voluntary price…

What did the OPA do in 1940?

Between 1940 and 1946, OPA developed and ran programs of. price controls, rent controls, and rationing. In the public's view. and to a large degree in fact, these programs were responsible for. the success of the anti-inflation program.

Why was Henderson's proposal ible?

ible approach because it promised price relief when necessary. Ironically, Henderson's proposal had a more difficult relationship. with the New Deal constituencies of organized labor, farmers, and consumers.

When did the New Deal end?

Historians have usually assumed that Franklin D. Roosevelt's. New Deal ended with the 1930s. If one thinks of the New Deal. in terms of social and economic reform legislation, then certainly. it was over before 1940, when national attention began focusing. on international and military affairs.

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Overview

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 functions of the OPA were originally to control money (price controls) and rents after the outbreak of World War II.

History

President Franklin D. Roosevelt inaugurated the Council of National Defense Advisory Commission on May 29, 1940, to include Price Stabilization and Consumer Protection Divisions. Both divisions merged to become the Office of Price Administration and Civilian Supply (OPACS) within the Office for Emergency Management by Executive Order 8734, on April 11, 1941. Civil supply functions were transferred to the Office of Production Management.

Women and the OPA

The success of the OPA’s price controls and rationing policies depended on the support of women who acted as the main shoppers of their households, especially during wartime. Local community organizations, governments, and OPA boards held educational seminars aimed at women, targeted women to join local price and rationing boards, and recruited women for volunteer programs. Many women led local volunteer War Price and Rationing Boards that ensured adhere…

African Americans and the OPA

Black consumer activists also were among those who supported the OPA, which gave them support from the federal government in fighting market discrimination.
The OPA had a base of consumer support that included different socioeconomic classes and racial groups who supported the agency because of their belief it would bring about a postwar vision of “broad popular participation and consumer rights." The OPA worked to defend consum…

Administrators of the office

• Leon Henderson, 1941–1942
• Prentiss Marsh Brown, 1943
• Chester Bliss Bowles, 1943–1946

OPA points

OPA points are small vulcanized fibre red and blue ration tokens issued during World War II to make change for ration coupons. Approximately 1.1 billion red and 0.9 billion blue were produced, and even though many were collected and destroyed after the war, they are still quite common today. The red OPA points are a bit more common than the blue. Each token has two letters on it, and some people collect them by letter combination.

Gallery

• An OPA menu with ceiling prices.
• A mileage ration book issued by the OPA.
• Red and blue OPA points.

See also

• Office of Economic Stabilization
• Stabilization Act of 1942
• United States home front during World War II

1.Office Of Price Administration | Encyclopedia.com

Url:https://www.encyclopedia.com/history/united-states-and-canada/us-history/office-price-administration

21 hours ago  · OFFICE OF PRICE ADMINISTRATION (OPA) was the federal agency tasked with establishing price controls on nonagricultural commodities and rationing essential consumer goods during World War II (1939–1945). The OPA began as the Price Stabilization and Consumer Protection divisions of the Advisory Commission to the Council of National Defense (more …

2.Office of Price Administration - Wikipedia

Url:https://en.wikipedia.org/wiki/Office_of_Price_Administration

10 hours ago Its main purpose was price control. Previously, in mid-1940s, President Franklin Delano Roosevelt had reinstated a World War I advisory board for national defense. At the time, it was the council’s responsibility to oversee consumer protection and price stabilization.

3.Office of Price Administration - Totally History

Url:https://totallyhistory.com/office-of-price-administration/

22 hours ago Why was the Office of Price Administration necessary during World War II? President Roosevelt established the Office of Price Administration and Civilian Supply in April 1941 to “stabilize prices and rents and prevent unwarranted increases in them; to prevent profiteering, hoarding and speculation; to assure that defense appropriations were not dissipated by excessive prices; to …

4.What was the Office of Price Administration? - Herold …

Url:https://www.financial-dictionary.info/terms/office-price-administration/

32 hours ago President Roosevelt’s Office of Price Administration was intended to nip any wartime inflation in the bud before it appeared. His organization decreed a general maximum price rule which made any prices being charged as of March 1942 the maximum ceiling prices for the vast majority of commodities. At the same time, the OPA similarly imposed ceilings on all residential rents …

5.Office of Price Administration | United States government

Url:https://www.britannica.com/topic/Office-of-Price-Administration

6 hours ago Harlem race riot of 1943. In Harlem race riot of 1943: The aftermath. …of the riot, the federal Office of Price Administration (OPA) agreed to open an office on 135th Street in Harlem to investigate complaints about price gouging. The office was soon flooded with complaints. Mayor La Guardia was warned that when lease renewals came due, the landlords would violate …

6.The Office of Price Administration and the Legacy of …

Url:https://www.jstor.org/stable/3377026

1 hours ago stabilization, the Office of Price Administration (OPA) as an ex-ample of what happened to the New Deal during World War II. Between 1940 and 1946, OPA developed and ran programs of price controls, rent controls, and rationing. In the public's view and to a large degree in fact, these programs were responsible for

7.Statement by the President Commending the Office of …

Url:https://www.trumanlibrary.gov/library/public-papers/17/statement-president-commending-office-price-administration

3 hours ago Office Price Administration, 1944 Scope and Contents From the Collection: The Carter Glass papers, 1820-1946, 141 cubic feet, consist of correspondence, manuscripts, newspaper articles, photographs, speeches, and printed materials from his work in the Banking and Currency Committee, the Secretary of the Treasury (1918-1920), and the United ...

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