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  • 23-03-2021
  • History
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What were some of the impacts of war on American economy?

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yeeyeeboi71
yeeyeeboi71 yeeyeeboi71
  • 23-03-2021

Answer:Public debt and levels of taxation increased during most conflicts; • Consumption as a percent of GDP decreased during most conflicts; • Investment as a percent of GDP decreased during most conflicts; • Inflation increased during or as a direct consequence of these conflicts.

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