Which Organization Oversaw the Conversion of American Industries to War

question 72

Multiple Choice

Which organization oversaw the conversion of American industries to war production?

• A)War Production Board
• B)War Powers Commission
• C)Interstate Commerce Commission
• D)Public Works Administration
• E)Works Progress Administration

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Definitions:

Sole Proprietorship

A company that is owned and run by just one person, with no legal separation between the owner and the business itself.

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Discretionary Income

The amount of an individual's income left for spending, investing, or saving after taxes and basic necessities have been paid.

Free Market

An economic system in which prices are determined by unrestricted competition between privately owned businesses.