What does WIB mean in US Government?

This page is about the meanings of the acronym/abbreviation/shorthand WIB in the Governmental field in general and in the US Government terminology in particular.

War Industries Board

Governmental » US Government

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Definition

What does WIB mean?

War Industries Board
The War Industries Board was a United States government agency established on July 28, 1917, during World War I, to coordinate the purchase of war supplies. The organization encouraged companies to use mass-production techniques to increase efficiency and urged them to eliminate waste by standardizing products. The board set production quotas and allocated raw materials. It also conducted psychological testing to help people find the right jobs. The board was led initially by Frank A. Scott, who had previously been head of the General Munitions Board. He was replaced in November by Baltimore and Ohio Railroad president Daniel Willard. Finally in January 1918, the board was reorganized under the leadership of financier Bernard M. Baruch. The WIB dealt with labor-management disputes resulting from increased demand for products during World War I. The government could not negotiate prices and could not handle worker strikes, so the War Industries Board regulated the two to decrease tensions by stopping strikes with wage increases to prevent a shortage of supplies going to the war in Europe.

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"WIB." Abbreviations.com. STANDS4 LLC, 2019. Web. 17 Nov. 2019. <https://www.abbreviations.com/term/254383>.

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