2 years ago

How did the United States government raise money to pay for WW1?

1 answer:

8 0

Rockoff estimates the total cost of World War I to the United States at approximately $32 billion, or 52 percent of gross national product at the time. He breaks down the financing of the U.S. war effort as follows: 22 percent in taxes, 58 percent through borrowings from the public, and 20 percent in money creation.

You might be interested in

What advantage did the allies have at the outbreak of world war 1

Murljashka [212]

. better industrial resources.

5 0

3 years ago

Do you think February is a good time for Black History Month? Why or why not?

ale4655 [162]

Answer:

Yes

Explanation:

This week was chosen because it coincided with the birthday of Abraham Lincoln on February 12 and of Frederick Douglass on February 14, both of which dates black communities had celebrated together since the late 19th century

3 0

2 years ago

Read 2 more answers

Europe was devastated by the bubonic plague. What effect did the Black Death have on the lives of peasants, aside from the tragi

matrenka [14]

Answer:

It is "Many peasants left the manors that had owned them and moved to cities."

Explanation:

The test's feedback is, "Because the Black Plague hit Europe as people were already suffering from poor diets and inadequate housing, the population was devastated. Peasants were no longer as bound to the land where they were born, and the lords of the manors lacked the resources to track them down, so the moved to a city to make better lives for themselves."

8 0

3 years ago

Read 2 more answers

The bitterness left behind in parts of Europe by the Treaty of versallies contributed to the rise of?

asambeis [7]

It would be A. Socialism

4 0

2 years ago

What was an effect of the marriage of King Ferdinand and Queen Isabella?

Len [333]

Answer:

It made it easier for the Umayyads to fight against Spain.

Explanation:

Hope it helps i just did the test :)

8 0

3 years ago