The WIB is known as the War Industries Board. It was established in 1917 during World War I. It was used to manage the purchase of war supplies.
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The WIB regulated all industrial output.
It determined the products industries would make, where those products went, and how much they would cost.
During World War I, the War Industries Board (WIB) had significant powers to coordinate and oversee production and procurement of war-related goods. It had the authority to allocate resources, set priorities, and establish production quotas for industries involved in war production. The WIB could also regulate prices, control raw materials, and resolve labor disputes to ensure an efficient and effective mobilization effort for the war.
American industry was probably mostly responsible for technological victory in World War II. Because of the productivity of American factories, the US was able to fight a successful war on two fronts.