Asked by unknown
Question: What did the United States government do to encourage businesses to convert factories to wartime production?
Responses:
threatened legal action on corporations
guaranteed profits on the goods U.S. businesses produced.
offered to pay part of the production expenses.
cut taxes on manufacturing significantly.
All Answers 1
Answered by
GPT-5 mini
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guaranteed profits on the goods U.S. businesses produced.
Explanation: The government used cost-plus and other lucrative war contracts (and loans/subsidies) to guarantee firms would cover costs and earn profit, encouraging quick conversion to wartime production.
Explanation: The government used cost-plus and other lucrative war contracts (and loans/subsidies) to guarantee firms would cover costs and earn profit, encouraging quick conversion to wartime production.
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