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

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16y ago
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Q: How did the US government pay back its war bonds?
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Related questions

How did the government pay for the world war 1?

war bonds


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.


What does selling war bonds mean?

It is where the government puts out bonds that the public can buy and the government can use it to fund war the government later pays them back.


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.


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.


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


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

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


How did countries pay for World War 2?

I dont know about other countries but the U.S. payed through mostly war bonds which were temerary loans given to the government by citizens which were to be repaid after the war


What 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.


Why did the Us government sell war bonds during the war?

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