Office of Economic Stabilization

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Office of Economic Stabilization
Agency overview
FormedOctober 3, 1942

The Office of Economic Stabilization was established within the United States Office for Emergency Management on October 3, 1942, pursuant to the Stabilization Act of 1942, as a means to control inflation during World War II through regulations on price, wage, and salary increases.[1]

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References[edit]

  1. ^ Peters, Gerhard; Woolley, John T. "Franklin D. Roosevelt: "Executive Order 9250 Establishing the Office of Economic Stabilization.," October 3, 1942". The American Presidency Project. University of California - Santa Barbara.