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Iteru [2.4K]
3 years ago
8

What were some of the impacts of war on American economy?

History
1 answer:
snow_tiger [21]3 years ago
3 0

Answer:Public debt and levels of taxation increased during most conflicts; • Consumption as a percent of GDP decreased during most conflicts; • Investment as a percent of GDP decreased during most conflicts; • Inflation increased during or as a direct consequence of these conflicts.

~tori

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