answersLogoWhite

0

The government borrowed with war bonds, treasury bills, etc. Ultimately this all rested on the backs of taxpayers. There was also some inflation of the currency. Inflation means printing more U.S. dollars. That enables the government to spend this money, and at the same time, it makes dollars worth less, thereby making the national debt less of a burden.

User Avatar

Wiki User

19y ago

What else can I help you with?

Related Questions

How was the us financed in world war 2?

Selling War Bonds to US citizens


How did the US finance World War 2?

The U.S. financed the war through war bonds and the Revenue Act of 1942.The Revenue Act of 1940 and war bonds.


How was World War II financed?

Credit, cost plus pricing, and war bonds and stamps


Who financed the north in the civil war?

The industrial might of the North financed the war effort.


Did The purchase of Liberty Bonds were the main way in which the US financed World War 1 and it showed patriotism by its citizens?

Yes, the purchase of Liberty Bonds was the main way in which the US financed World War 1 adn it showed patriotism by it's citizens.


What is the abbreviation for the largest war in which the US forces have fought in?

WWII which is an abbreviation for World War 2.WWII which is an abbreviation for World War 2.WWII which is an abbreviation for World War 2.WWII which is an abbreviation for World War 2.WWII which is an abbreviation for World War 2.WWII which is an abbreviation for World War 2.WWII which is an abbreviation for World War 2.WWII which is an abbreviation for World War 2.WWII which is an abbreviation for World War 2.WWII which is an abbreviation for World War 2.WWII which is an abbreviation for World War 2.


Is apocalypse world war 2 and world war 2 are the same?

yes apocalypse world war 2 is the same as world war 2.


Who financed spanish colonization?

The Queen of Spain financed Spanish colonization in the New World. The Queen also financed exploration in the name of Spain.


Who financed the expedition in the world was it by Lincoln?

no


Why did the world plunge into World War 2?

A war, known as World War 2.


Was it World War 1 or World War 2 that had to do with Nazis and Germany?

World War 2


During world war 2 Americans supported the war effort by?

TAXES. Both personal and corporate taxes, and the "putting forward" of some of the costs, to be paid off by future generations of tax payers.AnswerThe U.S. financed World War Two by war bonds. AnswerThe U.S. financed the war with the Revenue Act of 1942 and by having scrap drives, and a limit on gas and cooking supplies.