American Economy At War Flashcards
1
Q
What effect did war have on the US industry
A
Demand for manufacuted goods and food/fuel supplies
2
Q
How were GB and France dependent on US
A
GB and FR were supplied with loans to keep up production
3
Q
What happened when the US got involved with war
A
Huge infrastructure developed. Bases needed for US army, Liberty loans raised funds, food/fuel administrations established to regulate resources
4
Q
What effect did post war have on the economy
A
Economy slowed down
