Published: 30-Nov--0001
(a) It led to increased government spending on the war effort and the establishment of new economic policies such as war bonds
(b) It had no significant impact on the concept of war finance
(c) It led to decreased government spending on the war effort due to the high cost of the war
(d) It led to increased competition between countries to finance their war efforts and manage their economies during the war
Answer:
It led to increased government spending on the war effort and the establishment of new economic policies such as war bonds
|