Emergency Price Control Act of 1942

E45288

The Emergency Price Control Act of 1942 was a World War II-era U.S. law that authorized federal controls over prices and rents to curb inflation and stabilize the economy during wartime.

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AI-generated illustration of Emergency Price Control Act of 1942

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Prompt

Generate an image of the Emergency Price Control Act of 1942 (The Emergency Price Control Act of 1942 was a World War II-era U.S. law that authorized federal controls over prices and rents to curb inflation and stabilize the economy during wartime.)

All labels observed (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf United States federal statute ⓘ
wartime economic control law ⓘ
aimedAt maintaining civilian access to essential goods ⓘ
supporting the war effort through economic stability ⓘ
amendedBy Stabilization Extension Act of 1944 ⓘ
appliesTo prices of commodities ⓘ
rents of housing accommodations ⓘ
services related to defense production ⓘ
authorized federal price controls ⓘ
federal rent controls ⓘ
rationing of scarce commodities ⓘ
constitutionalBasisClaimed Commerce Clause of the U.S. Constitution ⓘ
linked to: Commerce Clause
containsProvision administrative review procedures ⓘ
enforcement mechanisms for price regulations ⓘ
judicial review of regulations in special courts ⓘ
treble-damage civil actions by buyers against violators ⓘ
country United States ⓘ
created Office of Price Administration ⓘ
empowered Office of Price Administration ⓘ
enactedBy 77th United States Congress ⓘ
expiration post–World War II period ⓘ
grantedPower to issue rationing regulations ⓘ
to regulate residential rents in defense areas ⓘ
to set maximum prices for many goods and services ⓘ
historicalContext home front economic mobilization in the United States ⓘ
impact expanded federal role in economic regulation ⓘ
limited price increases for many consumer goods ⓘ
jurisdiction federal government of the United States ⓘ
legalBasisFor civil and criminal penalties for price violations ⓘ
wartime price ceilings ⓘ
wartime rent ceilings ⓘ
opposedBy some business groups ⓘ
purpose to prevent wartime inflation ⓘ
to protect consumers from price gouging ⓘ
to stabilize prices during World War II ⓘ
to stabilize rents during World War II ⓘ
relatedTo Second War Powers Act of 1942 ⓘ
Stabilization Act of 1942 ⓘ
shortTitle Emergency Price Control Act ⓘ
signedBy Franklin D. Roosevelt ⓘ
signingDate January 30, 1942 ⓘ
subjectOf Supreme Court case Yakus v. United States ⓘ
supersededBy postwar housing and rent control legislation ⓘ
supportedBy Roosevelt administration ⓘ
many consumer organizations ⓘ
timePeriod World War II ⓘ
upheldIn Yakus v. United States (1944) ⓘ
yearOfEnactment 1942 ⓘ

How these facts were elicited

Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

Office of Price Administration → legalBasis → Emergency Price Control Act of 1942 ⓘ
77th United States Congress → passedLegislation → Emergency Price Control Act of 1942 ⓘ
Emergency Price Control Act of 1942 → relatedTo → Stabilization Act of 1942 ⓘ
linked to: Emergency Price Control Act of 1942
Emergency Price Control Act of 1942 → shortTitle → Emergency Price Control Act ⓘ
linked to: Emergency Price Control Act of 1942
Yakus v. United States → hasStatuteInvolved → Emergency Price Control Act of 1942 ⓘ
Yakus v. United States → upheld → Emergency Price Control Act of 1942 ⓘ
Yakus → associatedWithStatute → Emergency Price Control Act of 1942 ⓘ