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The cost plus system help out in the costs of thing during war. The cost plus system started in World War 2.
World War 1 caused a huge refugee crisis for the Europe during early 1900's. It is estimated that around 14 million refugees were displaced around Europe during world war 1.
My brother is a little older and he remembers going to the Saturday matinee in a rural town and it cost only 10 cents.
Median income $1750 year Inflation was 6% a year Cost of Living increased 30% plus US government claimed only 19%