World War II (sep 1, 1939 – sep 2, 1945)
Description:
During World War II, the unemployment rate dropped from 25-10% and the government had to use war bonds to finance the war. They also instituted rationing on gas, rubber, cars, clothes, and food. Women were also allowed to work during the war to make products while the men were fighting.
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US Economic Timeline
A timeline of some major economic events in US history.
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