I've looked on every website I can think of and I CAN'T FIND IT AND IT'S DRIVING ME NUTS PLEASE HELP ME!!!!!!!!!!!!!!!
2007-04-24 08:59:53 · 4 answers · asked by Anonymous in Arts & Humanities ➔ History
back during WWII, people bought bonds to help support the war effort. they made money on them by receiving interest after the war ended.
2007-04-24 09:03:43 · answer #1 · answered by wendy_da_goodlil_witch 7 · 0⤊ 0⤋
Well, this paragraph should help you understand what a victory bond is, although I couldn't find a good website to explain it better...
"The Canadian Government sold Victory Bonds to Canadian citizens, private corporations and various organizations in order to raise funds to pay for the war. The bonds were a loan to the government that could be redeemed with interest after 5,10, or 20 years and were released during 5 different campaigns between 1915 and 1919. In 1915 a hundred million dollars worth of Victory Bonds was issued and quickly purchased. "
2007-04-24 09:06:04 · answer #2 · answered by F.J. 6 · 0⤊ 0⤋
During WWII in order to help to raise money to pay for the war the U.S. government issued bonds for people, companies, and corporations to buy.
These general type bonds were dubbed "Victory Bonds" to make them more popular to the people to purchase since that would oestensibly be helping the war effort to beat imperial Japan and Nazi Germany.
2007-04-24 09:12:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋
a government bond during World War II
2007-04-24 09:05:37 · answer #4 · answered by Sean 2 · 0⤊ 1⤋