Question

Mention the economic results of the first World War.

Answer 1

Explanation:

World War I took the United States out of a recession into a 44-month economic boom. Before the war, America had been a debtor nation.

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Economic Impact on the United States

22 percent from higher taxes.

58 percent from war bonds and Treasury notes.

20 percent addition to the money supply.

Answer 2

Explanation:

The war changed the economical balance of the world, leaving European countries deep in debt and making the U.S. the leading industrial power and creditor in the world.