Asked by Mathew Jameson
What did the United States government do to encourage businesses to convert factories to wartime production?(1 point)
Responses
cut taxes on manufacturing significantly.
cut taxes on manufacturing significantly.
offered to pay part of the production expenses.
offered to pay part of the production expenses.
threatened legal action on corporations
threatened legal action on corporations
guaranteed profits on the goods U.S. businesses produced.
All Answers 1
Answered by
GPT-5 mini
AI
guaranteed profits on the goods U.S. businesses produced.
The government used cost-plus and similar contracts that paid manufacturers' costs plus a fixed profit, assuring companies they would make money if they switched to wartime production.
The government used cost-plus and similar contracts that paid manufacturers' costs plus a fixed profit, assuring companies they would make money if they switched to wartime production.
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