3.12 Impact of WW2 Flashcards
What did the Smith Act of 1940 make illegal?
It made it illegal to threaten to overthrow the government
Aimed at fascism supporters
What was the purpose of the Selective Service Act of 1940?
It introduced conscription
What was the role of the Office of War Mobilisation?
To control the supply of goods and prices
What did the National War Labour Board do?
Set wages
What was the function of the Office of Scientific Research and Development during WWII?
Mobilised thousands of scientists to develop new methods of death and new methods of saving lives
What was the purpose of the Office of Price Administration and Civilian Supply established in August 1941?
To control inflation
What regulation did the Office of Price Administration issue in April 1942?
General Maximum Price regulation which froze prices at March 1942 levels
What percentage of food items were subject to price controls during WWII?
Almost 90%
What change occurred regarding the role of the president after WWII?
The president does not stand down after 2 terms
How did WWII impact economic recovery compared to the New Deal?
WWII was more significant for economic recovery
What was the unemployment rate in 1940 and 1944?
14.6% in 1940 and 1.2% in 1944
By how much did farm income grow during WWII?
250%
How many women entered the workforce during WWII?
6.5 million women
What was the status of the National Debt from 1941 to 1945?
Rose from $41 billion to $260 billion
What percentage tax did higher earners pay during WWII?
94%