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Emergency Price Control Act Of 1942
The Emergency Price Control Act of 1942 is a United States statute imposing an economic intervention as restrictive measures to control inflationary spiraling and pricing elasticity of goods and services while providing economic efficiency to support the United States national defense and security. The Act of Congress established the Office of Price Administration (OPA) as a federal independent agency being officially created by Franklin D. Roosevelt on April 11, 1941. The H.R. 5990 legislation was passed by the 77th U.S. Congressional session and enacted into law by Franklin D. Roosevelt on January 30, 1942. Provisions of the Act The Emergency Price Control Act was penned as three titles specifying rulings for price controls regarding agricultural commodities, goods and services, and real property. The Act provided authority for enforcement, investigative reporting, and reviews of price stabilization schedules by the Office of Price Administration. The law specified a time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
War And National Defense
War is an intense armed conflict between State (polity), states, governments, Society, societies, or paramilitary groups such as Mercenary, mercenaries, Insurgency, insurgents, and militias. It is generally characterized by extreme violence, destruction, and mortality, using Regular army, regular or Irregular military, irregular Military, military forces. Warfare refers to the common activities and characteristics of types of war, or of wars in general. Total war is warfare that is not restricted to purely legitimate military targets, and can result in massive civilian casualties, civilian or other non-combatant suffering and Casualty (person), casualties. While some war studies scholars consider war a universal and ancestral aspect of human nature, others argue it is a result of specific socio-cultural, economic or ecological circumstances. Etymology The English word ''war'' derives from the 11th-century Old English words ''wyrre'' and ''werre'', from Old French ''werre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
