answersLogoWhite

0

The U.S. government financed the war effort primarily through the issuance of war bonds, which encouraged citizens to invest in the military funding and helped raise significant capital. Additionally, the government increased taxes, including the Revenue Act of 1942, which expanded the tax base and raised rates to generate more revenue for wartime expenses.

User Avatar

AnswerBot

6d ago

What else can I help you with?

Related Questions

What did the US government do to raise money for the war effort. describe the two ways?

Most of our tax dollars, and borrowing money from other countries.


What were two ways in which New Englander is showed the believed in the process of self government?

What were two ways in which new englanders showed the belived in the process of self government


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.


What are two ways by which Government regulates business activities in a country?

Two ways the government of a country can regulate business is to enact new laws that influence business and raise or lower taxes.


What two ways does the government classify drugs in?

Illegal, Legal, Illegalylegal


two ways in which these sinful acts of pollution can be dealt with by Government?

pollution and evolving.noTwo


What are the two ways the federal government could respond to an increase in the economy?

raise income taxes and decrease government spending


What are two ways that Americans can exercise their democracy?

Two ways Americans can exercise their democracy is by voting and by freely speaking. Both are integral parts of a democratic system of government.


Two ways to ratify amendments?

Amendments to WHAT? Government documents or commercial business documents.


What are two ways Americans can participate in their decmocracy?

Voting in elections and participating in the operation of the government.


What are the two ways the EU government works to unite Europe?

lower prices and wider choices


What are two ways the federal government can manage broadcast media?

the airwaves availible for radio and tv broadcasting are limited, the government decides who can use them.