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you finance a war by paying taxes :)

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12y ago

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What best describes how the federal goverment financed the war effort?

In average wars; Korean, Vietnam, Afghanistan, Iraq, the USA government financed it with taxes. In Big wars like WWI and WWII; war bonds were sold to help pay for the cost of fighting the war.


Who is the New Zealand minister of finance?

New Zealand's Minister of Finance (Colonial Treasurer) is Minister Bill English. The minister's primary role is to outline the country's annual budget.


Which nation was the world and economic leader after World War 1?

After World War I, the United States emerged as the world's leading economic power. The war had devastated many European economies, while the U.S. experienced significant industrial growth and expansion of its financial influence. This shift solidified America's position as a dominant force in global trade and finance, setting the stage for its continued leadership in the decades to follow.


Where can you find prices of goods in 1885?

The prices of goods in 1885 can be found on the finance text books. Finance textbooks that talk on economy have some of this information.


Which countries owed money during ww1?

During World War I, several countries accumulated significant debts, primarily due to the costs of the war. The Allied powers, including the United Kingdom, France, and Italy, borrowed heavily from the United States to finance their war efforts. Conversely, Germany and the Central Powers faced reparations and debts following their defeat in the war, particularly as outlined in the Treaty of Versailles, which imposed heavy financial penalties on them. Overall, the post-war financial landscape was marked by extensive debt and economic challenges for many nations involved.