167k views
8 votes
US war bonds helped the war effort by. loaning money to the government.

1 Answer

4 votes

Answer:

Citizens would buy war bonds to fund the production of war materials, this was a "loan" that the government used as debt security. Because war bonds offered a rate of return below the market rate, investment was achieved by making emotional appeals to patriotic citizens to lend the government money.

User Chris Fremgen
by
8.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.