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How was the American economy mobilized for war like industry labour society?
Wiki User
∙ 13y ago
The economy was mobilized or rather modified when it moved its major income producing commerce and industries to war production and the banks adjusted to that direction too. The large loans to fund the war and pay these armament bills were backed up by war bonds that were repaid ten years or more later. The economy also affected women in the country. They often had double salaries when they had a husband's military pay and their pay from working in war manufacturing companies or doing other necessary jobs (like childcare). After the war the economy grew more with all the consumerism after the war.
Wiki User
∙ 13y ago
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