What was the purpose of liberty bonds in the United States during World War I?

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8 June, 10:25

What was the purpose of liberty bonds in the United States during World War I?

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Lucia Chambers · Answer 1

A Liberty bond (or liberty loan) was a war bond that was sold in the United States to support the allied cause in World War I. Subscribing to the bonds became a symbol of patriotic duty in the United States and introduced the idea of financial securities to many citizens for the first time.