They did not believe the government was going to be able to pay its debt
They did not believe the government was going to be able to pay its debt
they bought war bonds and what ever was left they spent
The US government paid the war bonds by raising taxes multiple times.
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.
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.
The government made people pay taxes for the government.
they get paid less than £/$1.50 a day
I have never known a leader to pay people to participate in government.
welfare.
The government can collect taxes, charge license fees, and raise tax bonds.
because there fatter
Typically a little less than half.