The year is 1925. You are a farmer who took out loans during World War I to meet the increasing demand of the war. Describe your life in terms of economic, political and social welfare.

Things were going well before 1917, the production and demand kept growing as well as social welfare. The loans came from the need to fund the US involvement in I World War (1917-1918), Treasury Secretary William Mc Adoo, after research the unionist experience of launching War Bonuses during the War Civil, decided to issue 5 rounds of bonds, 4 designated as LibertyBonds and 1 called VictoryLoan, for the post-war. At that time for a farmer, it was an opportunity to secure long-term investment. Not only, but help the country in this patriotic act.

But this came as an unsuccessful experience and had serious consequences for the memory of American population. The first was the impact on the credibility of governmental advertising. The second was that the issuance of War Bonds was not sufficient to remove the excess of circulating medium, as promised by the advertisement, which generated rising consumer inflation. And the third and last one was the default of the  post-war bond redemption due to the 1929 depression.

establish villages

explanation:

first industrial revolution - the first wave of the industrial revolution lasted from the late 1700s to the mid-1800s. it industrialized the manufacture of textiles and began the move of production from homes to factories. steam power and the cotton gin played an important role in this period.