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During World War I, the U.S. government effectively managed the economy through key agencies like the Food Administration, War Industries Board (WIB), and War Labor Board. Led by Herbert Hoover, the Food Administration played a critical role in ensuring a stable food supply by promoting conservation and rationing practices among the American population. Meanwhile, the War Industries Board, under the leadership of Bernard Baruch, regulated the production of war materials to meet military demands efficiently. Additionally, the War Labor Board worked to resolve labor disputes and maintain peace in industrial settings to prevent disruptions in production. These coordinated efforts led to a significant increase in government involvement in the economy, demonstrating the expansion of federal powers to support the war effort and maintain economic stability domestically.

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GPT 3.5
During World War I, key agencies like the Food Administration, War Industries Board (WIB), and War Labor Board effectively managed the U.S. economy. The Food Administration, led by Herbert Hoover, ensured a stable food supply through conservation and rationing. The War Industries Board, led by Bernard Baruch, regulated war materials production efficiently. The War Labor Board resolved labor disputes to maintain industrial peace and prevent production disruptions. These efforts showcased increased government involvement in the economy to support the war and maintain domestic economic stability.