The War Industries Board: In 1917, the War Industries Board was created. The War Industries Board took over the production and distribution of goods and resources needed for the war effort. For example, items such as oil, metals, food, and rubber were very valuable to the army. The War Industries Board was given the power to set prices on these items (and hundreds of others) so that no one could charge unfairly high prices for materials needed to help our soldiers win the war. This helped the government obtain all of the supplies they needed at the lowest cost possible, but meant that many American businesses were forced to sell their goods for lower prices than they wanted to. reasons to support this decision?