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Subjects>History>American Government

What are three ways government can pay for war?

Anonymous

∙ 12y ago

Updated: 8/20/2023

1. GOVERNMENTAL CONTROL OF THE ECONOMY

-fixed prices

-control of private industries(recreation to combat)

-labor union control(no strikes)

2.WAR BOARD

-steel productions controlled(corsets)

-victory gardens(food to troops)

-meatless meals

-lightless nights

-gasless sunday

-raise taxes

3.PATRIOTISM

-liberty bonds

Wiki User

∙ 15y ago

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More answers

1. War bonds

2. Taxes

3. Borrowed money

Wiki User

∙ 12y ago

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Continue Learning about American Government

The federal government was unable to pay its Revolutionary War debts because it could not?

The federal government was unable to pay its Revolutionary War debts because it did not have the power to levy taxes. The war was fought from 1775 to 1783.

A method of loaning money to the government to pay for war?

Liberty Bonds

Why did congress lack the money it needed to pay off the government's war debt?

Congress lacked the money it needed to pay off the government's war debt because of an unbalanced budget. Congress can continue to pay for or extend a war without actually having the money to directly fund it.

How did the government pay for the war efforts?

The government raised taxes higher and borrowed money from banks and others to get the rest.

What was the main action the federal government took to help pay for the war effort during World War 2?

rationed supplies

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