
World War II
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That economy boomed as never before. Between 1940 and
1945 the nation’s gross national product doubled from $100
to $200 billion. Much of this increase was due, of course, to
the war and its costs. In 1939 the federal budget had been $9
billion, and that was with the costs associated with the New
Deal still in place. By 1945 the federal budget had mush-
roomed to $100 billion, an eleven-fold increase. The gov-
ernment spent a total of $330 billion during the war—twice
the amount spent by the federal government during the pre-
vious 150 years combined! Compared to World War I, the
costs of World War II were 10 times as high. At the peak of
wartime production, the war was costing the U.S. govern-
ment $10 million an hour.
ConserVing to Win the War
During the war, great efforts were
taken by both the federal government
and the American people to conserve
precious resources for the war effort.
As a result, many commodities were
only available on a limited basis.
Rationed items included canned
goods (cans required tin, which was
in short supply and needed for war
materials), rubber, gasoline, bacon,
cheese, alcohol, coffee, shoes, sugar,
meat, butter, and fuel oil. In some
cases, rationing stamps were sold,
allowing the buyer to purchase, for
example, three gallons (14 liters) of
gasoline a week. When the stamps
were all used up, that person could
buy no more gas until the next week.
The Offi ce of Price Administration
(OPA) introduced 10 major rationing
programs by 1942, issuing rationing
cards and coupons to more than
120 million Americans. The agency
relied on the patriotic call to “Use
it up, wear it out, make it do, or do
without.” The reach of the OPA was
extensive, with sometimes unintended
results. When the agency ordered a
10 percent reduction in the amount of
cloth to be used in women’s bathing
suits, clothing producers cut out the
middle, introducing an early form
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