What was the economic impact of ww1 on the United states

History

2 answers:

seraphim [82]3 years ago

8 0

Answer:

With World War 1 going on in Europe and the Great Powers involved, the United States was able to make a profit off of it by selling weapons, food, and supplies to France and Great Britain.Therefore the United States went from a recession to an economic boom, overtaking Great Britain as the number 1 economy.

Explanation:

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dsp733 years ago

3 0

World War I took the United States out of a recession into a 44-month economic boom. 30 Before the war, America had been a debtor nation. After the war, it became a lender, especially to Latin America. U.S. exports to Europe increased as those countries geared up for war.

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