A Historical Analysis Of Wartime Wage Control Boards

INTRODUCTION The Increased Industrial activity in the United States which is brought about through a re-armament program, due to war or threats of war, brings with It a number of critical questions. One of the most important of these questions concerns allocation of manpower resources with resulting impact upon wages. In an economy already operating at peak levels of production and employment, how much give is there in a labor force to meet the demands of an emergency? Careful plans have to be made to conceive the resources of skilled manpower because the strength lies in the skill and productivity of its labor force, rather than in sheer numbers. In this century, the United States has been faced with national emergencies such as war or near war at least four times. Beginning with World War I, World War II, the Korean War, and now the View Nam Conflict, the American economy has had to adjust Its ways of thinking and Its actions to meet these emergencies