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Economic History Review 68.2 (2015): 600-631. Davis, Belinda. Home fires burning: Food, politics, and everyday life in World War I Berlin (U North Carolina Press, 2000) online Archived 2020-11-11 at the Wayback Machine; Fairchild, Fred Rogers. "German War Finance—A Review," American Economic Review (1922) 12#2 pp. 246–261 in JSTOR
During WWI (1914-1918), large numbers of women were recruited into jobs that had either been vacated by men who had gone to fight in the war, or had been created as part of the war effort. The high demand for weapons and the overall wartime situation resulted in munitions factories collectively becoming the largest employer of American women by ...
"Help the Red Cross". American poster by the U.S. Food Administration, circa 1917-1919. The home front during World War I covers the domestic, economic, social and political histories of countries involved in that conflict. It covers the mobilization of armed forces and war supplies, lives of others, but does not include the military history.
The aftermath of World War I saw far-reaching and wide-ranging cultural, economic, and social change across Europe, Asia, Africa, and even in areas outside those that were directly involved. Four empires collapsed due to the war, old countries were abolished, new ones were formed, boundaries were redrawn, international organizations were ...
The American Army and the First World War (2014). 484 pp. online review; Woodward, David R. Trial by Friendship: Anglo-American Relations, 1917-1918 (1993) online; Young, Ernest William. The Wilson Administration and the Great War (1922) online edition; Zieger, Robert H. America's Great War: World War I and the American Experience (2000)
American imports and exports plunged by more than two thirds, but since international trade was less than 5% of the American economy, the damage done was limited. The entire world economy, led by the United States, had fallen into a downward spiral that got worse and worse, and in 1931–32 began plunging downward even faster.
Loans from American financial institutions to the Allied nations in Europe also increased dramatically over the same period. [19] Economic activity towards the end of this period boomed as government resources aided the production of the private sector. Between 1914 and 1917, industrial production increased 32% and GNP increased by almost 20%. [20]
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP.