how did the GI Bill boost the economy after World War Two? 

Expert Answers

An illustration of the letter 'A' in a speech bubbles

The GI Bill (Serviceman's Readjustment Act of 1944) did not directly boost the U.S. economy after the war, but it did set aside thirteen million dollars for

education, vocational training, and medical treatment for Veterans

This provided the opportunity for returning soldiers to receive a college education at government expense. ...

Unlock
This Answer Now

Start your 48-hour free trial to unlock this answer and thousands more. Enjoy eNotes ad-free and cancel anytime.

Start your 48-Hour Free Trial

The GI Bill (Serviceman's Readjustment Act of 1944) did not directly boost the U.S. economy after the war, but it did set aside thirteen million dollars for

education, vocational training, and medical treatment for Veterans

This provided the opportunity for returning soldiers to receive a college education at government expense.  It also provided financial assistance for them while they were enrolled in college.  The end result was that many more young men enrolled in college than had previously been the case. As a result, a more educated, highly trained workforce developed in the years after the war.  This in turn led to increased production and a boost to the economy.

A more direct effect on the economy was the demand which had built up for automobiles and other big ticket items which had not been produced during the war years.  This increased demand led to increased production and provided the most immediate boost to the economy.

Approved by eNotes Editorial Team