World War I affected the U.S. economy by F creating debt from loans owed to European nations G decreasing factory production due to labor shortages Hlimiting the federal government's regulation of business J causing an increase in foreign exports to military allies
World War I affected the U.S. economy by F creating debt from loans owed to European nations G decreasing factory production due to labor shortages Hlimiting the federal government's regulation of business J causing an increase in foreign exports to military allies
Related questions
Question
Hurry
Transcribed Image Text:2 World War I affected the U.S. economy by -
F creating debt from loans owed to European nations
G decreasing factory production due to labor shortages
Hlimiting the federal government's regulation of business
J causing an increase in foreign exports to military allies
World War I: Aerial Warfa
Expert Solution
Step 1: Introducing WW I:
WW I was the first of the two wars that involved a conflict on a global scale. The other being WW II. WW I lasted from 1914 to 1918. It was also known as the First Great War.
Since WW I involved most of the countries in the world, like every other war, it affected the economies of these countries in different ways. Further below, we shall learn how it impacted the US economy.
Step by step
Solved in 4 steps
