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OpenStudy (anonymous):

Why did governments sell war bonds? to have funds for domestic use to fund all levels of government during the war to repay national debts to finance the war effort

OpenStudy (anonymous):

@Joel_the_boss

JoelTheBoss (joel_the_boss):

What war?

OpenStudy (anonymous):

WW1

JoelTheBoss (joel_the_boss):

In 1917 and 1918, the United States government issued Liberty Bonds to raise money for its involvement in World War I. According to the Massachusetts Historical Society, Because the first World War cost the federal government more than 30 billion dollars (by way of comparison, total federal expenditures in 1913 were only $970 million), these programs became vital as a way to raise funds.

OpenStudy (anonymous):

It's D, thanks

JoelTheBoss (joel_the_boss):

Your welcome :D

OpenStudy (kohai):

Yeah D

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