[rotorwrench]

Normally, a government take over of a country's industry would have a terrible affect on the whole country but in the case of WWII it was necessary to partnership with industry that was just shy of a complete take over. They would only take over a company if the ownership refused to partner with the Fed. This was rare if it happened much at all. The people of the US rallied together in a way that they never had before. Most of the money to build new manufacturing facilities and restructure existing facilities was payed for by the Fed in the form of bond drives. Properties, both new and used, were sold to the Fed for cost and most of the development was done by industry itself since they knew a lot more about it then the Fed ever could. To show any form a profiteering would have gone badly for any company that was even accused of doing so.

This was a very unique part of American history that I for one, sincerely hope we never have to do again. It was the only way to get such a massive job done in such a short period of time. Production records were broken that will likely remain for at least a very long time. That depends on how large the population of the earth gets in the next couple of centuries.