Question

How did the total war effort in the United States affect the nation’s economy?

Answer 1

Answer:

Increased spending on the military --> increased debt

Increased manufacturing and trade [1939 - 44] --> economy growth of 8%

Increased manufacturing and trade [1941 - 1943] --> economy growth of 17%

Slack of production during the Great Depression --> increased production afterwards as the US economy recovered

Needing more money for the war effort --> the government expanded income tax and added mandatory withholdings from paychecks

Hope this helps!

Bluey :)