How did the first world war affected the US Economy
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Answer:
1. the collapse of wall street exchange.
2. large scale unemployment and poverty.
3. low and stagnating economic growth.
4. military loss and instability.
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Answer: When the war began, the U.S. economy was in recession. ... Entry into the war in 1917 unleashed massive U.S. federal spending which shifted national production from civilian to war goods. Between 1914 and 1918, some 3 million people were added to the military and half a million to the government.
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