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War Industries Board
Facts for kids
The following fact
sheet contains interesting facts and information on the War Industries Board
(WIB) that was created during WW1.
Facts
about the War Industries Board for kids
War Industries Board Fact 1:
WW1 began in Europe on July
28, 1914. The United States adopted a policy of
neutrality at the start of the war and did not enter
conflict until April 6, 1917.
War Industries Board Fact
2:
The War Industries Board
(WIB) was a government agency that was created on
July 28, 1917 during
World War 1.
War Industries Board Fact 3:
The purpose of the WIB was to coordinate the
role of American industry during WW1 reorganizing and streamlining
war-related industry through the management of resources,
production, and distribution
War Industries Board Fact 4:
President Woodrow Wilson was reluctant to give the WIB
much authority over the economy but this changed in March 1918 when
it was realized that war industries needed to become more efficient.
War Industries Board Fact 5:
Bernard Baruch, a Wall Street stockbroker, was appointed
to run the WIB.
War Industries Board Fact 6:
Bernard M. Baruch (1870–1965) was a wealthy Wall Street
broker who had supported Woodrow Wilson's presidential
campaign and served as an economic adviser during World
War I (1914–1918).
War Industries Board Fact 7:
The WIB consisted of a number of
different divisions that included responsibility for
prioritizing the use of raw materials, conservation and
regulating prices.
Continued...
Facts
about the WIB for
kids
War Industries Board
Facts for kids
The fact
sheet continues with interesting facts and information on
the War Industries Board (WIB) that was created during
WW1.
Facts
about the War Industries Board for kids
War Industries Board Fact 8:
Under the supervision of Bernard M.
Baruch , the WIB controlled the flow of raw materials,
told manufacturers what they could and could not
produce, authorized the construction of new factories
and with the president’s approval, set prices.
War Industries Board Fact
9: While the WIB was in place,
industrial production in the US increased by an
estimated 20%.
War Industries Board Fact
10: The WIB applied price controls at the
wholesale level but retail prices soared. In 1918
Americans were paying almost double what they had paid
before the war.
War Industries Board Fact
11: Corporate profits soared in
industries such as steel, oil, chemicals and
meatpacking.
War Industries Board Fact 12:
Other US Government agencies were created during
WW1 to regulate the economy and special boards were established to
encourage cooperation between the government and big business.
ensuring efficient use of national resources to further the war
effort. The Federal Mobilization Agencies were established to
compliment the work of the WIB and
WW1 Mobilization.
War Industries Board Fact 13:The WIB achieved greater economic efficiency
through the rationalization of industrial practices.
War Industries Board Fact 14:World War 1 ended on
11 November 1918 and the WIB was terminated by executive
order on 1 January 1919.
Facts
about the War Industries Board for kids
Facts
about the War Industries Board for kids: American entry
and US role World War I
On April 6, 1917 the United States
Senate declared war on Germany
and fought with the allies in WW1. For additional
facts and information refer to the following links: .
War Industries Board for kids - President Woodrow Wilson Video
The article on the War Industries Board provides detailed facts and a summary of one of the important events during his presidential term in office. The following
Woodrow Wilson video will
give you additional important facts and dates about the political events experienced by the 28th American President whose presidency spanned from March 4, 1913 to March 4, 1921.
War Industries Board
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Interesting Facts about War Industries Board for kids and schools
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Key events
and War Industries Board for kids
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The War Industries Board, a major
event in US history
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Woodrow Wilson Presidency from March 4, 1913 to March 4, 1921
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Fast, fun facts about the wib
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Foreign & Domestic
policies of President Woodrow Wilson
● Woodrow Wilson Presidency and
War Industries Board for schools,
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