Did World War I Benefit the American Economy and Society?
How far do you agree that the impact of 1st World War was beneficial to the economy and society of the USA? (30 marks)
To a certain extent I believe that the impact of the 1st World War was beneficial to the economy and society of the USA. However, on the other hand I don’t agree with the statement as some problems did occur in the society and economy of the USA.
It can be argued that the impact of the 1st World War was important on the economy, especially employment. This is a strong argument because during the war employment increased to an extent where 1.3 million jobs were created. It could be argued that this was due to America’s neutrality to the war until April 1917 causing the USA not to have any war damage and this changed America’s economy as they replaced Britain and London as the USA and New York became the Financial Centre of the world. This shows that the economy was strengthened due to impact of the 1st World War.
It can be argued that the impact of the 1st World War had a negative impact on the economy, especially industrial unrest. This is a convincing argument because the demobilisation and reduction of the war time production had led to an increase amount of unemployment causing workers to be out of jobs. It could be argued that the national debt increased to 658% during the war and due to this the taxes raised higher and remained higher even after the war in 1918. The taxes however only affected about 5% of the population and these were people with businesses and money, therefore this is a convincing argument that the economy was weakened by the 1st World War.
It can be argued that the impact of the 1st World War had advantages for the society; especially women. This is a good argument because after the war, the 19th Amendment was written in 1920. This stated that women were allowed to vote. It could be argued that this came because of the change in women roles to the war- they had helped in ammunition factories by doing men’s work while
To a certain extent I believe that the impact of the 1st World War was beneficial to the economy and society of the USA. However, on the other hand I don’t agree with the statement as some problems did occur in the society and economy of the USA.
It can be argued that the impact of the 1st World War was important on the economy, especially employment. This is a strong argument because during the war employment increased to an extent where 1.3 million jobs were created. It could be argued that this was due to America’s neutrality to the war until April 1917 causing the USA not to have any war damage and this changed America’s economy as they replaced Britain and London as the USA and New York became the Financial Centre of the world. This shows that the economy was strengthened due to impact of the 1st World War.
It can be argued that the impact of the 1st World War had a negative impact on the economy, especially industrial unrest. This is a convincing argument because the demobilisation and reduction of the war time production had led to an increase amount of unemployment causing workers to be out of jobs. It could be argued that the national debt increased to 658% during the war and due to this the taxes raised higher and remained higher even after the war in 1918. The taxes however only affected about 5% of the population and these were people with businesses and money, therefore this is a convincing argument that the economy was weakened by the 1st World War.
It can be argued that the impact of the 1st World War had advantages for the society; especially women. This is a good argument because after the war, the 19th Amendment was written in 1920. This stated that women were allowed to vote. It could be argued that this came because of the change in women roles to the war- they had helped in ammunition factories by doing men’s work while