History 1807 Lecture Notes - Lecture 26: War Production Board, War Industries Board, Federal Fuel Administration
13 Jan 2016
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The ease with which the military and government become intertwined becomes evident in the example of robert mcnamara, ceo of ford motor company (1960-1961), secretary of defense, and head of the world bank. Ww1: americas entry into the war both consolidates the power of big business, and affirms the role of the state in the regulation of business. President woodrow wilson creates a series of boards and agencies to manage and coordinate business, such as: fuel administration, railroad war board, food administration, war industries board, national war labour board. The government also uses its power to control the population: committee on public information, espionage act, sedition act. In 1934, gerald p. nye, republican senator oens investigation into the business profits made during the war. Neutrality act (1935) the more government controls, the more business makes.
