America 1910-1919: Business and the Economy Research Article from American Decades

This Study Guide consists of approximately 90 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of America 1910-1919.

America 1910-1919: Business and the Economy Research Article from American Decades

This Study Guide consists of approximately 90 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of America 1910-1919.
This section contains 589 words
(approx. 2 pages at 300 words per page)
Buy the America 1910-1919: Business and the Economy Encyclopedia Article

Mobilizing the Economy.

The United States officially participated in World War I for only nineteen months, but the war had a tremendous impact on domestic America. President Wilson declared that belligerency would require "the organization and mobilization of all the material resources of the country." Indeed, the government worked hard to get both the hearts and minds of the American public behind the war effort.

Benefits of Belligerency.

The United States sent a much-needed influx of men and materiel to Europe and insured the defeat of the Central Powers. The war initially cost the U.S. government about $33 billion plus interest, and veterans' benefits would later bring the total to $112 billion. However, this figure hides the great profitability of the war for the nation. Instead of hurting the domestic economy, the war effort strengthened and improved America's competitive position in...

(read more)

This section contains 589 words
(approx. 2 pages at 300 words per page)
Buy the America 1910-1919: Business and the Economy Encyclopedia Article
Copyrights
Gale
America 1910-1919: Business and the Economy from Gale. ©2005-2006 Thomson Gale, a part of the Thomson Corporation. All rights reserved.