What Was Life Like on the U

question 104

Essay

What was life like on the U.S. home front? How did the U.S. government harness its population and resources to advance the war effort?

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Definitions:

National Debt

The total amount of money that a country’s government has borrowed by issuing securities and not yet repaid.

Export

Goods or services produced in one country and sold to customers in other countries.

Managed Floating Exchange Rate

A foreign exchange policy wherein a country's central bank intervenes to manage its currency's value without a specific or fixed exchange rate target.

G-8 Nations

A group of eight major industrialized countries that meet annually to discuss global economic governance, including the United States, United Kingdom, France, Germany, Italy, Japan, Canada, and Russia.