Impact of WW1 on the American Economy

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  • Created by: mooolie
  • Created on: 15-01-15 22:10
+1913 - Trade was valued at $2 billion / 1916 - Trade was valued at $6 billion
-Some disruption of trade eg German U-Boat campaign
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+Unemployment virtually disappeared
-Rapid demobilisation of troops and cancellation of war time contracts in 1918
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+1916-1918 - industrial production increased by 39%
-Considerable cost of fighting (est.$31.2 billion)
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+Trade with Europe continued
-Considerable cost of fighting
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+1916-18 - industrial production increased by 39%
-Disruption in 1919 - 25% of all workers went on strike at some point
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Other cards in this set

Card 2

Front

-Rapid demobilisation of troops and cancellation of war time contracts in 1918

Back

+Unemployment virtually disappeared

Card 3

Front

-Considerable cost of fighting (est.$31.2 billion)

Back

Preview of the back of card 3

Card 4

Front

-Considerable cost of fighting

Back

Preview of the back of card 4

Card 5

Front

-Disruption in 1919 - 25% of all workers went on strike at some point

Back

Preview of the back of card 5

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