Discuss the impact of the First World War on the world
economy
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Economic Impact on the United States. World War I took the United States out of a recession into a 44-month economic boom. ... U.S. exports to Europe increased as those countries geared up for war. Later, U.S. spending increased as it prepared to enter the war itself.
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1
Answer:
Economic Impact on the United States. World War I took the United States out of a recession into a 44-month economic boom. ... U.S. exports to Europe increased as those countries geared up for war. Later, U.S. spending increased as it prepared to enter the war itself.
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