I NEED HELP THIS IS FOR AN OVERDUE ESSAY

When the war began, the U.S. economy was in recession. But a 44-month economic boom ensued from 1914 to 1918, first as Europeans began purchasing U.S. goods for the war and later as the United States itself joined the battle.

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Explanation:

The economy (in terms of GDP) grew about 7% from 1914 to 1918 despite the absence of so many men in the services; by contrast the German economy shrank 27%. The War saw a decline of civilian consumption, with a major reallocation to munitions.

How were businesses affected by ww1?

Of those, 675,000 died. As a result, Germany experienced hyperinflation. Production collapsed, leading to a shortage of goods, especially food. Because there was excess cash in circulation, and few goods, the price of everyday items doubled every 3.7 days.

What were the economic effects of World War 2?

A merica's response to World War II was the most extraordinary mobilization of an idle economy in the history of the world. During the war 17 million new civilian jobs were created, industrial productivity increased by 96 percent, and corporate profits after taxes doubled.

how did justinian contribute to the byzantine empire?

one famous byzantine emperor was justinian i. justinian ruled from ad 527 to 565. belisarius was the commander who led these armies in an attempt to win back the old western roman empire. the war effort to take back the western part of the empire forced justinian to raise taxes on the people of the byzantine empire.

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answer: are there any

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