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Tresset [83]
3 years ago
12

What methods were used to raise money to help pay for ww1?

History
1 answer:
jek_recluse [69]3 years ago
7 0
Outlays for troop training, weapons, and munitions increased fifteen-fold from 1916 to 1918. In addition, the Treasury lent generously to US allies. Spending quickly outpaced tax revenues, and the Treasury mounted a series of war bond or “liberty loan” drives to raise additional funds.
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