Officially known as the Bonus Expeditionary Force (BEF), this rag-tag group of 20,000 veterans marched on Washington demanding immediate payment of bonuses earned during Word War I originally promised to be paid to them by 1945.Click to see full answer. Beside this, what is the Bonus Army and why is it significant?Bonus Army, gathering of probably 10,000 to 25,000 World War I veterans (estimates vary widely) who, with their wives and children, converged on Washington, D.C., in 1932, demanding immediate bonus payment for wartime services to alleviate the economic hardship of the Great Depression. what was the Bonus Army quizlet? A group of almost 20,000 World War I veterans who were hard-hit victims of the depression, who wanted what the government owed them for their services and “saving” democracy. They marched to Washington and set up public camps and erected shacks on vacant lots. Furthermore, what did the Bonus Army do? The Bonus Army was a group of 43,000 demonstrators – made up of 17,000 U.S. World War I veterans, together with their families and affiliated groups – who gathered in Washington, D.C. in mid-1932 to demand early cash redemption of their service certificates.How did the Bonus Army affect the Great Depression?After World War I, the U.S. Congress voted to give veteran soldiers who fought in the war a bonus. They would be paid $1.25 for each day they served overseas and $1.00 for each day they served in the United States. When the Great Depression began, many veterans were out of work.