Consequences of War on the U.S.

Economy

Directions: Use the graphic organizer below to take notes over the primary sources you examine at each station. When you are
finished moving through each station, use the graphic organizers to help guide you I the decision making process.

Timeline

Economic
Indicators Pre-War During War Post War
1910-1914 1914-1918 1918-1920

Unemploymen
t
Iron/Steel
Industry

Agricultural
Industry
Consumer
Price Index
 Import and
Export

Economic Indicators
Unemployment: The unemployment rate represents the number of unemployed as a percentage of the labor force.
Labor force data are restricted to people 16 years of age and older, who currently reside in 1 of the 50 states or the
District of Columbia, who do not reside in institutions (e.g., penal and mental facilities, homes for the aged), and
who are not on active duty in the Armed Forces.
Industry: Economic activity concerned with the processing of raw materials and manufacture of goods in
factories.
Consumer Price Index: Median Consumer Price Index (CPI) is a measure of core inflation calculated the Federal
Reserve Bank of Cleveland and the Ohio State University.
Import: Bring (goods or services) into a country from abroad for sale.
Export: Send (goods or services) to another country for sale.
Federal Reserve Bank of Cleveland, Median Consumer Price Index [MEDCPIM157SFRBCLE], retrieved from
FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MEDCPIM157SFRBCLE, November 6,
2017.
U.S. Bureau of Labor Statistics, Civilian Unemployment Rate [UNRATE], retrieved from FRED, Federal Reserve
Bank of St. Louis; https://fred.stlouisfed.org/series/UNRATE, October 30, 2017.