Answer:
Cold War means "a state of political hostility between countries characterized by threats, propaganda, and other measures short of open warfare.
This is basically what it means, War Production Board was an agency of the United States government that supervised war production during World War II.
If the current price of an item or commodity is $15, it is possible that the price of such a commodity will increase due to inflation.
<h3>What is Inflation?</h3>
Inflation is an economic term which describes the general increase in the prices of goods and services.
Inflation occurs when the overall price level rises leading to each unit of currency purchasing fewer goods and services.
This generally leads to a reduction in the purchasing power of money.
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