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Gala2k [10]
3 years ago
8

How did the U.S government paid for World War 1?

History
2 answers:
frozen [14]3 years ago
7 0

Answer It stole the money from its citizens through taxation and public debt. By the time the US entered the Great War, the personal income tax was already in place.

Explanation:

Harrizon [31]3 years ago
5 0

Answer: The first, and probably most popular, was the war bond. War bonds were bought by civilians to aid their troops abroad. War bonds brought in about $180 billion dollars at the end of the war. The second way was by loans from foreign countries, this brought in about $120 billion for the war effort.

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