Question

Question 9 of 10

How did Liberty Bonds work?
OA. The government agreed to pay the cost of educating soldiers.
OB. People agreed to work for free in return for large payments after
the war.
OC. The government agreed to pay the cost of housing soldiers.
D. People gave money to the war effort and received that money
back with interest after the war.

Answer 1

D. People gave money to the war effort and received that money back with interest after the war.

Liberty Bonds were a way for the United States government to finance the cost of World War I. The government issued bonds that citizens could purchase to lend money to the government. The bonds were marketed as a way for Americans to support the war effort and to help pay for the cost of the war.

People who purchased the bonds were essentially lending money to the government, which would be paid back with interest after the war. The bonds were sold in different denominations, so people of all income levels could participate. The government used the money from the bonds to pay for the war effort, including weapons, ammunition, and supplies for soldiers.