Foreign Developments: Events bringing the USA into WWI - Trade Flashcards
Which nations were benefitting more from American trade in the 1910s?
The Allies
Which 3 nations during WWI were allies to the USA?
Britain, France, Russia
How much money did the USA make in 1914 from trading with Britain?
$549 million
How much money did the USA make in 1914 from trading with Germany?
$300 million
Why was the trade with Britain and Germany an issue in relation to who the USA could fight WWI with?
These were both large sums of money
What year was the trading issue in relation to who the USA could fight in WWI with resolved?
1916
What resolved the issue over trade and fighting in WWI in relation to the allies?
$3.2 billion of Ammunitions was bought by the Allies in 1916
How much was sold to Germany and their allies in ammunitions in 1916?
$320 million
How much money had been given to the Allies by the USA at the end of WWI?
$7 billion
How much money in total did the USA end up getting from taxes during WWI?
$10.5 billion
How much money did US Steel make from 1917-18 because of WWI?
$500 million
