The U.S. financed WWI primarily by:
A) increasing personal income taxes.
B) increasing corporate taxes and luxury taxes.
C) borrowing from the public.
D) printing new money.

Question

Quizplus · Accepted Answer

The U.S. primarily financed World War I through borrowing from the public, which involved selling war bonds to individuals and financial institutions, thereby increasing national debt rather than solely relying on taxation or printing new money.

The U.S. Financed WWI Primarily By