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.

Answer 1

The Food Administration encouraged Americans to participate in Meatless Mondays and Wheatless Wednesdays, as well as Victory Gardens to increase food production. The agency also implemented price controls and directed food exports to allied nations to support the war effort. The War Industries Board oversaw the allocation of resources, production priorities, and price fixing to ensure that the military had the necessary equipment and supplies. The War Labor Board mediated labor disputes and implemented fair labor practices to prevent strikes and maintain industrial output.

Overall, these agencies played a crucial role in coordinating the economy during World War I, demonstrating the government's ability to effectively manage economic resources in times of crisis. The war provided a unique opportunity for increased federal involvement in the economy, setting a precedent for future government interventions in times of national emergency.