The Office of Price Administration was created by Congress to fight the threat of inflation. The Office was created by Executive Order 8875 on August 28, 1941, to establish price controls and rent after the outbreak of World War II.
During the second world war, greedy American store owners were inflating the prices on things that were in "short supply" to increase their profits. The Office of Price Administration was given the job of controlling retail prices to prevent un-fair… Full Answer
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