World war one?

Question

What Affect did WWI have on the american Economy?

Answer 1

The Great War had positive and negative affects.

It opened new avenues of trade with our allies who needed American weapons and munitions, not to mention other goods needed for the war. Consider the need for uniforms, boots, tents, and so forth. Further consider that as demand for these items went up, the probability of business success in the industries which supplied them went up. In other words, there was profit in supplying war materials, so factories were built and people employed. Aviation advanced in technology and popularity as more people on both sides of the war took to the skies for their countries.

On the down side, millions of people were killed in combat. The Influenza Epidemic of 1918-1919 killed millions more as the flu strain was communicated all over the world by soldiers returning home from the trenches. The soldiers who survived came home to find the jobs they had left were taken by others, so unemployment was a problem. Some veterans even set up squatters' camps in Washington, DC to protest conditions.

Sure, the Roaring Twenties can trace some cultural elements to the reaction of a generation having lost its innocence in combat, but I think you are looking for more specific information.

I hope this gives you a good start. This was all done from memory, so you still have some research to do. Good Luck!

Answer 2

It was a good time to be a manufacturer the only problem was man power and this was solved by woman power. Our country was selling weapons and ammo. Later we sold aircraft and and engines. Basically we were doing our arsenal of democracy thing and made a boat load of cash. On the social level woman had shown they were as good as men on the job. This I think started women thinking they deserved equal rights and voting privileges. Also our country proved that our products were as good if not better than anybody Else's and this opened foreign eyes to our products and introduced a lot of people to American culture for the 1st time. After the war this drove a demand for American culture and products.

Answer 3

It gave us the Roaring 20s, as we came out of WWI with a real economic advatage, as we were (relatively) untouched by the effects of the war, not like germany and france

Answer 4

we got all the benefits of building in a war economy without the downside of war damage to our infrastructure. Europe had hunger to deal with, we had crop surpluses.

Answer 5

WW-I did what all wars do for the economy. It boosted it for a
short time.

Thank you very much, while you're up!!

Answer 6

the Roaring Twenties for one thing

Answer 7

our economy has always been based on war. we have always flourished during war.

Answer 8

very little. europe was hit worst.