Question

How did Liberty Bonds work?

A. The government agreed to pay the cost of housing sold


B. People agreed to work for free in return for large payme

the war.


C. People gave money to the war effort and received that

back with interest after the war.


D. The government agreed to pay the cost of educating so

Answer 1

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

Step-by-step explanation:

Liberty bonds was sold in the US to support the Allies during First World War, the bonds were a symbol of patriotic duty in US. The people used to purchase bonds and the money went to the wartime military operations, the people would receive their money after the maturity date along with interest. The bonds were issued five times from 1917 to 1919. It was a way to support the allies especially if they were unable to participate in the war. US government managed to raise around 17 billion dollars with bonds.