Write a paragraph describing how the U.S. government managed the economy during World War I and the economic effects of that management. Consider the roles played by the Food Administration, the War Industries Board (WIB), and the War Labor Board.
During World War I, the U.S. government implemented various policies to manage the economy and support the war effort. The Food Administration, headed by Herbert Hoover, worked to ensure food supplies for both soldiers and civilians by implementing voluntary conservation measures and promoting food production. The War Industries Board (WIB) was created to coordinate industrial production and allocate resources to support military needs. The War Labor Board was established to mediate labor disputes and ensure efficient production in key industries. These efforts led to increased government control over the economy, which helped to mobilize resources for the war but also resulted in inflation and labor unrest as prices rose and workers demanded higher wages.
