How did World War II affect the American savings rate?

A) Americans completely depleted their savings during the war.
B) Most Americans invested their savings abroad out of safety concerns.
C) Because of price controls, the war did not affect the American savings rate.
D) The American savings rate increased tenfold.

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seanie ortega · Accepted Answer

Final Answer : D, Explanation :  World War II led to an increase in the American savings rate due to factors like war bonds, increased employment, and wage growth, while consumer goods were scarce due to rationing and production shifts towards the war effort, leaving Americans with more income to save.

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