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What was a bond during World War 1?
War Bonds were essentially money that people loaned to the government to help pay for the war. The bonds were later paid back with interest after the war.
Why did US not go into depression after world war 2?
I think we didn't go into a depression because we loaned weapons to the Allies during the beginning of world war 2. The money we received after the war kept us out of a depression.
Why Americans buy War Bonds?
When people bought war bonds, they loaned the government money to help the war effort.
How much money did the US loan Britain and France during World War 1?
GPD. $258 billion i think that's what they loaned to great Britain
How was economic depression in Europe a cause of war?
because of the first world war, much of Europe and also America was suffering due to the lack of money they had. Most of Europe's money went to funding the war, and most of America's money went to France, Great Britain and Russia to also assist in the war effort. therefore, from 1929-1945, there was a depression all over Europe due to one war, and it doesn't end until the second world war. follow me on instagram @noitsjustme :)
