The Economics Of World War I

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The Economics of World War I - nber.org "The total cost of World War I to the United States (was) approximately $32 billion, or 52 percent of gross national product at the time." When the war began, the U.S. economy was in recession. But a 44-month economic boom ensued from 1914 to 1918, first as Europeans began purchasing U.S. goods for ... The Economics of World War I 1st Edition - amazon.com This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilized for war, existing economic institutions stood up under the strain, economic development influenced outcomes, and wartime experience influenced postwar economic growth. Economic history of World War I - Wikipedia The economic history of World War I covers the methods used by the First World War (19141918), as well as related postwar issues such as war debts and reparations. It also covers the economic mobilization of labor, industry, and agriculture leading to economic failure.