The First World War Flashcards
During the First World War, how much did the USA loan Britain, France and Germany?
The USA had loaned Britain and France $2.3 billion and Germany $27 million. This suggested what ‘side’ they would take and was also a huge investment to protect.
How much was American trade worth in 1916 and 1919.
In 1916 American trade was worth $2 billion but by 1919 it was worth $6 billion.
How much was Britain spending in America by 1916?
By late 1916 Britain were spending $10 million a day on American goods.
How big was the army at the beginning and end of the war?
When war broke out there were 120,000 in the US army but by the end of the war 3 million men had been drafted.
How much did the US spend in Europe during the war?
The United States spent $31.2 billion in Europe during the war.
How much did the US workforce increase by during the war?
During the war the workforce increased by 1.3 million and unemployment virtually disappeared.
How much did the US borrow during the war?
The US did have to borrow money from the war and had debts of $27 billion which meant that taxes remained high after the war.
