How did the US fund World War 1?

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2026-04-30 17:00

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The United States funded World War I primarily through the issuance of Liberty Bonds, which were sold to the public to raise money for military expenses. The government also increased taxes, including income and excise taxes, to generate additional revenue. Additionally, the War Finance Corporation was established to facilitate loans to support wartime production and infrastructure. These measures collectively helped finance the U.S. military efforts and support allied nations.

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