What was a major effect that World War II had on the U. S. economy?

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History

Adrienne Bailey

12 July, 05:24

What was a major effect that World War II had on the U. S. economy?

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Frisky · Answer 1

The Public level debt, Taxes and Inflation increase on the other hand consumption and investment decrease.

Explanation:

Economic benefits of World War 2 were the Industrial renewal and large scale employment rise to 10% in both the military and industries which aided the military. World war 2 took place from 1939-1945 which involved 30 countries. American factories retooled to produce goods to support the war. Also, it destroyed the economy by making weapons and ammunition very expensive.