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How did the US government pay back its war bonds?

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Answered 2008-04-16 23:18:58

The US government paid the war bonds by raising taxes multiple times.

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What was a bond during World War 1?

War Bonds were essentially money that people loaned to the government to help pay for the war. The bonds were later paid back with interest after the war.

How did the government pay for war world 1?

war bonds

What did the US government sell to pay for for the World War 2?

War bonds

What were war bonds used for during World War 2?

During WWII, war bonds were things that you bought that lent money to the government to help pay for the war, and then you got more money back when you cashed it in years later.

A method of loaning money to the government to pay for war?

Liberty Bonds

People helped pay for World War 2 by?

By buying Government Bonds.

How did concept of deficit spending help the war effort?

The war debt allowed the nation to continue to fight until the war was won. The war bonds benefited the people who purchase the bonds and earned their interest. It also allowed the government time to pay the debt back.

What way did the government raise money for the war?

During the World Wars, the government issued War Bonds. These were bonds that people could buy, and get paid back with interest once the war was over.

What are three ways government can pay for war?

1. War bonds 2. Taxes 3. Borrowed money

What are liberty and victory bonds?

Essentially, they were War Bonds -- people bought "shares" of the government to help pay the huge cost of fighting World War 2

What is a government certificate purchased to raise money for war efforts?

Back in the old days WWI and WWII, they were called War Bonds.

What was war bonds?

War Bonds were special means/tactics used to pay the respective war debts of countries. For example, during the WWII, the U.S. Government sold war bonds (kind of postcards or stamps) to many Americans with the purpose of paying the war expenses.

How did people help pay for World War 1?

The government made war time taxes, victory bonds, victory gardens and a Canadian patriotic fund to help pay for the war.

What is a war bond?

a war bond is something that some people bought to help the government pay for the ww2. These war bonds were purchased during the ww2

Why did the government sell war bonds during the war?

War bonds were a very simple method for the government to make money. At the time, most of the wages Americans were getting were from making the things the government was spending money on, so they encouraged civilians to put that money back into the war effort.

How did the government raise money to pay for war during World War 2?

War bonds and stamps were one way. U.S government had to raise taxes multiple times to pay for the war and other needs like food, weapons, health care, and transportation with the people getting drafted and in order to pay for all that the government had to increase taxes

How did the government pay for the war effort?

first answer: taxes second improved answer: Governments can also borrow money to pay for wars & other things. If a government issues debt (example war bonds), then it will normally try to pay back its debt by using taxes & other government revenues to fund the interest & principal payments. Your question is vague as to which government & which war effort. Some governments (such as Nazi Germany, Soviet Union, Imperial Japan) also pay for war by stealing, confiscating, looting, creating slave labor, etc.

Who disagreed with the idea to pay speculators the full value of the government bonds that they had bought during the Revolutionary War?

thomas jefferson.

What were bonds in World War 2?

Paper certificates used to raise money to spend on war and pay back with interest starting in 1951

How did the US government pay for the war?

The US government paid for World War 2 by taking money from the economy of the surrounding states. This money was used to make supplies for the war.they did this by increasing several kinds of taxes and war bonds.

Why did Americans buy war bonds?

When people bought war bonds, they loaned the government money to help the war effort.

During the war what were issued by the American government allowing the government to borrow from the American people?

Liberty Bonds, also known generally as war bonds.

How did war bonds affect the American society during ww1?

they helped because they were low int-erst loans by civilians to the government to help pay for the war effect

When did the US pay off the revolutionary war debt off?

When hamilton proposed a plan that included that the federal government would take the staes debt and pay for it using bonds.

What did the government do with the money people paid to buy war bonds?

they bought war bonds and what ever was left they spent

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