History 2125F/G Lecture Notes - Lecture 8: Ivan Rand, Keynesian Economics, Licht

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Gov t says businesses would get rebated for taxes during the war. * 43 to 45 had to pay forced savings (these earned interest but it was forced not like victory bonds) * victory bonds were highly advertised telling people to buy bonds and that woul d lead to us winning the war. Business joins in the war effort (while selling product) in their advertisement s * they say to buy the bonds because it will give you savings. For now help fight but keep buyers dreams alive. * slide 30 advertising is towards keeping fighting and buy this stuff . * you re going to want to spend after the war. * hands: one is a businessman, one is a worker: government believes the two must work together to produce and improve economy (smoke from factories) Gov t says production is how we will win the war.

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