What effect did entrance into WWiI have on the US economy?
• The economy fell into a deeper depression as soldiers went on strike.
• The economy stagnated as people feared bombings
• The economy declined as young men were drafted.
• The economy grew as more jobs were created.
• The economy grew as more jobs were created in the war industry to support the military effort.
• There was increased government spending to support the war effort, which stimulated economic growth.
• The war effort led to technological advancements and innovations which benefited the economy in the long run.
• Increased demand for goods and services to support the military effort helped boost industries such as manufacturing, agriculture, and transportation.
Overall, entrance into WWII had a significant positive impact on the US economy, helping to lift the country out of the Great Depression and setting the stage for post-war economic prosperity.