The reason that government introduced price controls during World War II was that war production reduced civilian goods production, therefore triggering a great inflation in prices of scarce consumer goods.

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During World War II, the shift in production focus towards war materials significantly reduced the availability of consumer goods. This scarcity, combined with increased demand and purchasing power, led to inflationary pressures. Price controls were introduced by governments to prevent excessive inflation and ensure equitable distribution of scarce goods.

The Reason That Government Introduced Price Controls During World War