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dedylja [7]
2 years ago
8

How did the GI Bill boost the postwar economy?

History
1 answer:
alekssr [168]2 years ago
3 0
It boosted the economy by 37% and because of all the money flowing into the economy the average american family got 30% more buying power and the unemployment rate dropped to an all time low of 4.5%.
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The war lasted between 1864 to 1870. It was caused majorly as a result of boundary dispute, political tussle and the selfish expansionist ambition of the Paraguayan dictator known as Francisco Solano Lopez. The war had a very calamitous effect on Paraguay, as it led to the decimation and annihilation of about 66% of the Paraguayan population comprising mainly of men.

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