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They borrowed it, and then created a 20 year tax to pay it off. It was called the Income Tax.
Go figure.
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∙ 13y ago
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What raised the most money during World War 2?
The Iwo Jima bond drive , the seventh , raised 26 billion but I'm unsure as to whether this was the highest means in which money was raised for the war besides taxation .
How did the government raised money for world war 2?
The government issued War Bonds to help raise money
How did civilians raise money for World War 1?
Civilians raised money for WW1 by buying war bonds and stamps. Children were encouraged to raise money for bonds and stamps as well. Children helped to raise a good deal of money.
How did the us build the large fighting force it would need to enter World War 1?
The government raised money for arms and weaponry by selling their daughters as sex slaves.
Where did the US get most of the money to finance the war?
America raised money for the war effort in World War I and II by using propaganda, getting more jobs, and the biggest one was to raise taxes.AnswerActually, Americans back home raised money for the war effort by buying bonds, collecting newspapers, metal, glass, rubber, nylon stockings, raising their own vegetables to that they would not take away food from the soldiers (victory gardens). There may be other ways also, but these were the most popular.
What raised the most money during World War 2?
The Iwo Jima bond drive , the seventh , raised 26 billion but I'm unsure as to whether this was the highest means in which money was raised for the war besides taxation .
How did the government raised money for world war 2?
The government issued War Bonds to help raise money
Raised money and supervised finances of the war?
Robert Morris was the one who raised money and supervised the finances of the revolutionary war
Most of the money raised to finance World War 1 afer the us entered the war came from?
Loans from the American people.
How was the money raised in Vietnam war?
Taxes.
What are some schools raised money for the war memorial by hosting travel what?
some schools raised money for the war memorial by hosting a traveling exhibit.
Who raised money and supervised thefinances fo the war?
robert morris is the one who raised money and supervised the finances of the war
How did civilians raise money for World War 1?
Civilians raised money for WW1 by buying war bonds and stamps. Children were encouraged to raise money for bonds and stamps as well. Children helped to raise a good deal of money.
Who raise money and supervise the finances of the war?
robert morris is the one who raised money and supervised the finances of the war
How much of the 304 billion cost of World War 2 was paid in war bonds?
Over 180 Billion dollars was raised in war bonds. There were donations too and regular budget money.
What were the achievements of Dame Nellie Melba?
she raised lots of money for the war effort and was awarded the dame of the british empire for this. she represented aus in the world of opera
What provided most of the money raised by the continental congress for the revolution?
the printing of paper money by Congress and the states
