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During World War I, the US government took several measures to manage the economy and ensure resources were efficiently allocated towards the war effort. The Food Administration, headed by Herbert Hoover, was responsible for overseeing food production and distribution to ensure that soldiers and civilians had enough to eat. The War Industries Board, led by Bernard Baruch, regulated the production of war materials and coordinated the efforts of American industries to meet the demands of the military. The war labor boards were tasked with mediating labor disputes and ensuring a steady supply of workers for industries deemed essential to the war effort. These government agencies played a crucial role in mobilizing the economy for war, but their efforts also led to inflation, shortages of consumer goods, and labor strikes as the demands of war took precedence over civilian needs. Overall, the government's management of the economy during World War I helped secure victory but also had far-reaching economic effects that lasted long after the war ended.

During World War I, the US government implemented various measures to manage the economy and prioritize resources for the war. The Food Administration, led by Herbert Hoover, oversaw food production and distribution to ensure soldiers and civilians had enough to eat. The War Industries Board, under Bernard Baruch's guidance, regulated war material production and coordinated American industries to meet military demands. The war labor boards mediated labor disputes and maintained a workforce for essential war industries. These agencies were vital in mobilizing the economy for war, yet caused inflation, consumer goods shortages, and labor strikes. While contributing to victory, the government's economic management during World War I had lasting effects on the economy post-war.