In order to maintain economic prosperity, President Truman increased government price controls. Thus, option (A) is correct.
Economic Prosperity refers to the situation of the growth of the economy of the country, which also ensures safety and competitiveness. It is very crucial because it affects quality of life and is required for a nation to compete in the global economy.
The government of the president Truman decided to implement the economic strategy in order to balance the federal budget through the mixture of high taxes and restrained expenditure. It was also decided to use the surpluses in the manner to reduce the national debt.
Therefore, it can be concluded that President Truman tightened government price controls in order to sustain economic growth. Hence, option (A) is correct.
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