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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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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. ...

Solution Summary

The economy's cycle surrounding the Great War period (1914-1918) is touched upon in brief with an attending resource.

See Also This Related BrainMass Solution

Effects of WWI on the US economy are cited.

How did the war adversely affect the U.S. economy? What were some of the repercussions of this adverse affect? Could the economic downturn have been prevented? Why or why not?

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