Managing the Nation's Finances
- The "Good War"
- Financing the war
- Economic controls
- Sugar and Coffee
- Gas Rationing
- A changed economy
- For More Information
U.S. president Franklin D. Roosevelt (1882–1945; served 1933–45) had two major home front financial concerns during World War II (1939–45): how to finance the very expensive war effort and how to control the greatly altered home front economy. Solutions for both problems were intertwined. During World War I (1914–18) prices of goods and services in the United States had risen 62 percent, causing much economic hardship on the U.S. home front. Roosevelt was determined to avoid such dramatic inflation (prices of goods rising faster than wages)...
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