As FLYBOY said, it depends on a number of factors, the biggest of which is available HP; too many blades will make a "weak" engine inefficient. You can roughly judge the HP of any given reciprocating engine by how many blades it's propeller has; at the beginning of the War, the "average" HP of a fighter plane's engine was around 750 HP, and they typically only had two or three blades. By the end of the War, 2,000+ was not uncommon, so you saw a lot more 4 and 5-bladed propellers, particularly if they had a smaller diameter.