The best description of the economic ideology during World War I was __________.
A) The belief that the economy could be strengthened by centralized coordination.
B) The economy would work best with a strong commitment to the free market
C) The US should eliminate many federal agencies during World War I to make the government more efficient.

Question

Quizplus · Accepted Answer

During World War I, many countries, including the United States, adopted policies of centralized coordination to strengthen their economies. This approach was aimed at maximizing production, efficiency, and resource allocation to support the war effort, contrasting with peacetime practices that might favor free markets or smaller government.

The Best Description of the Economic Ideology During World War