How did WW1 contribute to the Great Depression?

a. Soldiers returning from the war were unskilled and had trouble finding jobs

b. Foreign countries had borrowed heavily to pay for the war and could not afford to buy American goods

c. Americans had spent their money on war bonds and had little savings

d. American industry could not retool from producing weapons

Question

History

Madelyn May

22 April, 13:58

How did WW1 contribute to the Great Depression?

a. Soldiers returning from the war were unskilled and had trouble finding jobs

b. Foreign countries had borrowed heavily to pay for the war and could not afford to buy American goods

c. Americans had spent their money on war bonds and had little savings

d. American industry could not retool from producing weapons

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Answers (1)

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Charity · Answer 1

The stock market crash of 1929 is what set off the great depression. But there were other things too, reparations had to be paid. Too much money was being spent too quickly during the war, and people were not producing enough to keep up with the deficit. So the market was bound to crash soon after World War I.