If the increase in government expenditures of World War II (1941-45)is matched against the decrease in private investment and consumption during the same period,it was the end of World ?War II that officially concluded the depression era,not the start of World War II,according to ?Robert Higgs (2007).

Question

Quizplus · Accepted Answer

According to Robert Higgs, the increase in government expenditures during World War II successfully offset the decrease in private investment and consumption, and it was after the war ended that the depression era was officially concluded. Therefore, the statement is true.

If the Increase in Government Expenditures of World War II