Economic Effects Of Wwi On The United States

845 Words2 Pages

Bishop Chatard High School

Economic Effects of WWI on the United States

Emma Baldwin
Honors U.S. History Period 4
Ms. Wright
20 November 2015
Baldwin 1
WWI affected every aspect of American life, including the economy. The economy immediately grew in the buildup to the war and during its prosecution, due to the high production of goods, loans, the stock market boom, and exports.
As a result of the United States joining the war in 1916, industry productions boomed. (Effects of WWI in America) Factories and manufacturers had to keep up with the growing demands of the war effort by solely producing weapons, tanks, airplanes, and any other necessary products. In order to produce more material in a short amount of time, new technologies were developed to help manufacturers meet the needs of the people and government. Also, more employment opportunities opened for women and African-Americans. With fewer healthy, working men in America, women became the main work force, largely employed in factories across the nation. (Effects of WWI in America) African-Americans also became popular in factories as they migrated to cities in search of job opportunities. As industries boomed during this time, so did the economy. According to David Jarmul, "Because World War One left Europe so devastated, industry boomed in the United States to fill the worldwide demand." By the end of World War One, the United States produced more goods and services than any other nation. (Jarmul) Americans had more coal, food, cloth, and steel than even the richest foreign countries. In 1920, the United States ' national income became greater than the combined incomes of France, Britain, Canada, Japan, Germany, and seventeen smaller countries. The Unite...

... middle of paper ...

... the economy saw noteworthy improvements for many years to come. Through the production of goods, loans, the stock market boom, and exports, the United States ' economy peaked during and after World War One. The growth was short lived as it was built upon the same conditions that brought about the Great Depression.

Works Cited
Hardcastle, Nick. "IGCSE History." N.p., n.d. Web. 18 Nov. 2015.
"Industry During WW1 - Wartoendallwars.com." Industry During WW1 - Wartoendallwars.com. N.p., n.d. Web. 19 Nov. 2015.
Jarmul, David. "By 1920, America Had Become World 's Top Economic Power." American History: (VOA Special English 2006-07-12). N.p., n.d. Web. 16 Nov. 2015.
Rockoff, Hugh. "U.S. Economy in World War I." EHnet. N.p., n.d. Web. 13 Nov. 2015.
"What Were the Effects of WWI in America?" What Were the Effects of WWI in America? N.p., n.d. Web. 17 Nov. 2015.

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