Science Fair Project Encyclopedia
War bond
War bonds were a form of savings bond used in the United States and Canada to help fund World War I and World War II. They were also a measure to manage inflation by removing money from the economy heated up by the war efforts.
During World War II, in the U.S. there was a promotional cardboard container with slots for quarters. There were 75 slots for $18.75 in quarters. When it was full, one turned it in at the postoffice for a $25 war bond which matured in 10 years.
10-26-2009 08:16:03
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details