What did the office of price administration (opa) do?

Question

The Office of Price Administration (OPA) was established by the US goverment with the enactment of the Executive Order 8875 in 1941, as part of the Office for Emergency Management. 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).

Lori Robel · Accepted Answer

The Office of Price Administration (OPA) was established by the US goverment with the enactment of the Executive Order 8875 in 1941, as part of the Office for Emergency Management. 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).

Lori Robel · Answer

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.

Lori Robel · Answer

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.Explanation:

Lori Robel · Answer

The office of price administration set limits on the prices that could be changed for certain goods because the government could set restrictions on the prices charged for services and goods in the market. The idea was to maintain prices affordable for products, slow inflation, or to facilitate a minimum income for providers. This could be done in two ways: a price ceiling and a price floor, which means that the maximum price that can be charged is the price ceiling, and the minimum price was the price floor.  The Office of Price Administration was part of the Office for Emergency Management of the U.S. It was dissolved on May 29, 1947.

Lori Robel · Answer

The Office of Price Administration was the material management department of the United States during World War II. Its main purpose was to control the price increases during the war. It was established as a sub-department of the Emergency Management Office on May 29, 1940, and became a department on January 30, 1942.

Lori Robel · Answer

✿━━━━@♥ℳg━━━━✿ ______________________________✿━━━━@♥ℳg━━━━✿The functions of the OPA were originally to control money (pricecontrols) and rents after the outbreak of World War II.

Lori Robel · Answer

O control money (pricecontrols) and rents after the outbreak of World War II.

Lori Robel · Answer

Some goods are needs, and not wants. If the company decided to overprice, then when nobody can afford, everybody suffer. That is why the Office of Price Administration set limits to prices to avoid high prices and inflations.hope this helps

Lori Robel · Answer

The answer for that question is a

Lori Robel · Answer

The office of price administration is in charge of controlling the money and rents after the second world war. General Max or General Maximum Price Regulation was implemented to lessen the inflation. It was not totally successful but with he help of other sector, inflation curtail.

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What did the office of price administration (opa) do?

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