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It gives people a sense of patriotism to support their country's military with their own money. The government uses this to their advantage and makes citizens that don't buy them feel guilty of no helping their country.
The Government used ads like this to get war bonds. People could get war bonds like shown before anywhere from work, to banks, to movie theaters.
It was different for each bond
Bonds are a type of loan that a group in need of money can give out. The group has a face value, which is how much money they raise per bond. Also there is interest that the group must give back to the owner of the bond.
War Bonds are the same idea, but by the government to raise money for a war.
This is an english war bond poster
During WWI there were four main bond drives
Apr 24, 1917 Emergency Loan Act- $5 billion - 3.5 percent.
Oct 1, 1917 Second Liberty Loan - $3 billion - 4 percent.
Apr 5, 1918 Third Liberty Loan - $3 billion - 4.5 percent.
Sep 28, 1918 Fourth Liberty Loan - $6 billion - 4.25 percent.
these four main drives overall raised 17 billion dollars, however because of interest the Government had to pay back an extra $11,685,000.00, so total they payed back a grand total of 28,685,000 dollars, just on these four drives
http://www.investopedia.com/video/play/understanding-bonds/
Yes, but they are called war bonds. They were called defense bonds after that, and after pearl harbor they were changed to War Bonds when we joined WWII.
We have been using war bonds since the war of 1812, and they have been used in every war sense WWI.
War Bonds are used by almost every country in time of war.