What organization regulated prices and was responsible for rationing of vital products

The Office of Price Administration, established in 1941, controlled money (price controls), rents after the outbreak of World War II, and wages. It also rationed scarce supplies.

although world war i began in 1914, the united states did not join the war until 1917. the additional firepower, resources, and soldiers of the u.s. to tip the balance of the war in favor of the allies. remaining neutral. when war broke out in 1914, the united states had a policy of neutrality.