While efforts previously were being made, Pearl Harbor was the catalyst which allowed the nation to end its hesitancy towards a war-time economy. The attack fully cleared the doubts of those unsure towards the need of this shift in production, as well as defined the urgency of the situation. Immediately, Roosevelt worked towards accelerating the means or wartime production, created the War Production Board and National War Labor Board to specifically dedicate itself to the issue. As a measure of avoiding the inflation many feared would be the result of the war effort, Roosevelt enacted the Emergency Price Control Act of 1942 which regulated and set prices, and the Organization of Price Administration strictly regulated what Americans could and could not do with their money. After the official declaration of war “nearly all factories producing consumer durable goods were shifted to production of munitions” (Horwitz and McPhillips 329). The attack on Pearl Harbor pressured the final push towards war time
While efforts previously were being made, Pearl Harbor was the catalyst which allowed the nation to end its hesitancy towards a war-time economy. The attack fully cleared the doubts of those unsure towards the need of this shift in production, as well as defined the urgency of the situation. Immediately, Roosevelt worked towards accelerating the means or wartime production, created the War Production Board and National War Labor Board to specifically dedicate itself to the issue. As a measure of avoiding the inflation many feared would be the result of the war effort, Roosevelt enacted the Emergency Price Control Act of 1942 which regulated and set prices, and the Organization of Price Administration strictly regulated what Americans could and could not do with their money. After the official declaration of war “nearly all factories producing consumer durable goods were shifted to production of munitions” (Horwitz and McPhillips 329). The attack on Pearl Harbor pressured the final push towards war time