How was the federal government able to finance the increase production of goods and supply during World War 1?

During World War I, the federal government financed the increase in production of goods and supplies through various means, including the establishment of the War Industries Board (WIB), which coordinated industrial production and prioritized resources for war efforts. Additionally, the government issued war bonds and raised income taxes to fund military expenditures. The use of loans from banks and the public also played a crucial role in financing the war, enabling the rapid expansion of factories and production capabilities to meet the demands of the conflict.