Question

Write a paragraph describing how the US government managed the economy during world war 1 and the economic effects of that management consider the roles played by the foodistration the wib and the war Labor board

Answer 1

Combat initiative the US administration used centralized price and supply controls controlled by the War Factories Board, As parts of the, the Nutrition Administration, as well as the Fuel Management to try to steer economic activity.

Step-by-step explanation:

Taxes accounted for approximately 25% of the overall cost of the war, while printing money accounted for 260 to 275%, leaving government bonds to account for 537 to 585 percent of the maximum expense.

Answer 2

In simple words, As parts of the, combat initiative the US administration used centralized price and supply controls controlled by the War Factories Board, the Nutrition Administration, as well as the Fuel Management to try to steer economic activity.

Taxes accounted for approximately 22% of the overall cost of the war, while printing money accounted for 20 to 25%, leaving government bonds to account for 53 to 58 percent of the maximum expense.