Ask Question
17 April, 21:02

How did World War I affect the economy of the United States?

0
Answers (1)
  1. 17 April, 21:08
    0
    World War I brought the country into a "wartime economy" state, which required large amounts of production for the military sector. Although the U. S. was not completely involved in the war until later on, they did produce a lot of goods for their allies in the United Kingdom, who were on the front lines. Once the U. S. entered the war, the country had to produce a lot more for their troops as well, and led the nation out of the recession it had in the beginning of the 1900's. People also purchased war bonds in patriotic spirit, which also led to and economic rise.

    Ultimately, this all led to the economic boom and golden age which we know as the Roaring Twenties.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How did World War I affect the economy of the United States? ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers