Office of Price Administration

What was the primary purpose of the Office of Price Administration (OPA) during World War II?

• To control inflation and stabilize prices

• To manage military operations

• To oversee international trade

• To regulate agricultural production

In which year was the Office of Price Administration (OPA) established?

• 1939

• 1941

• 1945

• 1947

Which of the following was a key function of the Office of Price Administration?

• Rationing consumer goods

• Managing public transportation

• Overseeing education reforms

• Regulating media content

Who was the first administrator of the Office of Price Administration?

• Leon Henderson

• John Maynard Keynes

• Henry Morgenthau Jr.

• Harry S. Truman

Which of these items was NOT rationed by the Office of Price Administration during World War II?

• Gasoline

• Rubber

• Books

• Sugar

How did the Office of Price Administration help prevent black market activities?

• By enforcing strict price controls

• By increasing taxes

• By promoting free trade

• By subsidizing local businesses

What was the impact of the Office of Price Administration on American households during the war?

• Limited access to certain goods

• Increased luxury imports

• Higher wages for all workers

• Expansion of housing projects

Which government agency succeeded the Office of Price Administration after World War II?

• Council of Economic Advisers

• Office of Economic Stabilization

• Federal Reserve

• Department of Commerce

What was a common criticism of the Office of Price Administration?

• It led to shortages and inefficiencies

• It caused environmental damage

• It increased unemployment

• It reduced educational opportunities

Which sector was most affected by the Office of Price Administration's regulations?

• Consumer goods

• Technology

• Education

• Healthcare