The shift to a wartime production helped to end the Great Depression by jump-starting the economy, but the government was still in need of money to fund its involvement in the war. The government created more programs and agencies to support the war effort, which led to more federal employees than the United States had ever employed. The government launched several campaigns that encouraged American civilians to help support the war.

War Bonds

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Americans were encouraged to purchase war bonds to help finance the war. Victory loan drives were held to encourage Americans to purchase bonds.

Video segment. Assistance may be required.The video below is a televised appeal to Americans by Secretary of Treasury, Henry Morganthau to help fund the war.

Source: Video,Henry Morgenthau Promotes the Sale of War Bonds (1941), FDR Presidential Library, National Archives

According to Morganthau, which was the easiest method for Americans to purchase war bonds?

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Americans could have funds taken from their paychecks to purchase war bonds.Close Pop Up