WWI: Economy
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What economic effects were experienced domestically due to American mobilization for World War I? Name and thoroughly explain these effects.
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Solution Summary
The economy's cycle surrounding the Great War period (1914-1918) is touched upon in brief with an attending resource.
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The economy during the period of WWI, at least in the United States, seemed heavily turbulent. Prior to the war, the country was actually in a recession, and would have stayed there would it not have been for the production and demand the war created. Due to that production and demand, the economy flipped around to a boom economy for the majority of the war period. ...
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