How did World War I affect the U. S. economy?

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Social Studies

Henry

29 June, 06:35

How did World War I affect the U. S. economy?

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Alexa Odonnell · Answer 1

America's involvement in World War II had a significant impact on the economy and workforce of the United States ... Our involvement in the war soon changed that rate. American factories were retooled to produce goods to support the war effort and almost overnight the unemployment rate dropped to around 10%.