Shonesha69Shonesha Shonesha69Shonesha
  • 12-12-2017
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What was an economic result of soldiers being drafted to fight in World War I?

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Kalahira
Kalahira Kalahira
  • 22-12-2017
One economic result of the draft during WWI was a dramatic decrease in the unemployment rate. In the United States the unemployment rate stood at 7.9% in 1914 prior to the beginning of the draft and dropped six and a half points to 1.4% by 1918. This large shift in unemployment, along with the shift in demand caused by moving the economy to a war footing, showed that government activity could have a great impact on macroeconomic conditions.
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