3. How to Pay for War? Tax System overhauled Revenue Act of 1942 Brackets on wealthiest went up to 90% Additional brackets for lower and middle income levels 50 million people eligible to pay Withholding system implemented Meaning? Comprised approximately 41% of war funds
5. Department of Treasury Issued war bonds to raise money for the war effort and to fight inflation a.k.a. liberty bonds 8 major drives lasting 4-7 weeks Celebrities used in fund raising campaigns
7. Liberty Bonds Payroll savings plan allowed you to have money deducted from pay check and converted in bonds Comprised approximately 33% of war funds
9. Deficit Spending Must spend money we don’t have National debt takes off from $42 billion to $279 billion Comprised approximately 25% of war funds
10. Office of Price Administration(O.P.A.) Fought inflation by freezing wages, and prices Set ceiling prices: maximum that can be charged on rent Rationed foods such as meats, butter, cheese, vegetables, sugar and coffee
11. ''Use it Up, Wear it Out, Make it Do and Do Without."
12. Rationing Books Issued to all Americans Could only purchase rationed items with stamps and cash
15. What Could You Get? Based on point system Blue Stamps: canned foods (48pts mo.) Red Stamps: meat, fish, dairy (64 pts mo.) 2 lbs. Fruit/vegetables per person/month 1.5 lbs Meat per person/month 4 oz. Cheese per person/month
24. War Production Board (W.P.B.) Rationed fuel and materials vital to the war effort such as: gasoline, heating oil, metal, rubber, and plastics Oversaw conversion of factories from consumer to war production Encouraged use of women and Blacks e.g. car factory=>tank factory fridge makers=>munitions (bombs/bullets)
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26. Rosie the Riveter Women filled jobs in factories 38% of labor force by 1945
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28. What problems did women face entering the workforce?(Swing Shift clips)
29. Propaganda Government endorsed effort to deliberately manipulate your thoughts and actions Why are cartoons widely used?
