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How did the US government raise money to finance the war?

By holding scrap drives

By rationing scarce goods

By selling war bonds

User Capybara
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2 Answers

2 votes

Answer:

D) By selling war bonds

Step-by-step explanation:

During times of war, governments often resort to issuing bonds to raise money to finance the war effort. War bonds are a type of debt security, similar to regular bonds, but they are issued by the government and are intended to be held by citizens to help fund the war. The government promises to pay back the bond, with interest, at a later date. War bonds were sold to citizens during World War I and World War II as a way for the US Government to raise money for the war effort. People could buy war bonds with cash, and the government would use the money to finance the war. These bonds were marketed as a patriotic duty and a way for citizens to support the war effort, and were sold to people of all income levels.

User Filoche
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7.2k points
4 votes

Answer:

By selling war bonds

Step-by-step explanation:

The US government raised money to finance the war by using taxes as well as war bonds.

User Marc Gibbons
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