The profiteering act in England was introduced for the first time in the year _____________.

1921

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1919

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1917

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1916

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Solution

The correct option is B 1919
The profiteering act in England was introduced for the first time in the year 1919. This act conferred following powers on Board of Trade.

To investigate prices, costs and profits at all stages.
To receive and investigate complaints regarding the making of excessive profits on the sale of any article.

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