In the United States, what were the economic benefits of WWI? My report is on the innovations and economic benefits of WWI. I have many...

benefitted
the United States greatly on the
economic front. It catapulted the US out of a recession and
into an economic
boom that lasted almost four years. The US doubled its output of goods in
this
period so that it could help supply the massive war effort in Europe. It
went from being a
debtor to a lender nation. Furthermore, to finance the war
effort, the US, like most other
countries, raised its top tax rate to
unprecedented levelsin the US's case, to a top rate of 77
percent.

The war also led to the Great Migration of African Americans from

the South to higher wage industrial jobs in the North. The higher taxes on the wealthy
and
higher wages for poorer groups together led to greater income equality
after the war, which
benefitted the economy, helping to fuel the Roaring
Twenties. However, income inequality still
remained high until the Great
Depression devastated all economic classes.

The United
States benefitted after the war from having made great increases in
its...