Because of war, the economy doesn't do very well. People earn less money in their jobs, so the military can have more equipment.
technology developed during the war was used for consumer products
* NOTHING CHANGED!!
oil prices rised
Technology developed during the war was used for consumer products.
The effects are it declined the economy miserably and sent them into the Great Depression
=a lot!!!=
pretty much smashed both of them for a few years
Because of war, the economy doesn't do very well. People earn less money in their jobs, so the military can have more equipment.
Its Economy
It went on a war economy, with food and clothing rationed.
As with all wars, it strained the government budget, which in effect worsened the economy.
A stimulating effect. The factories and farms were required to produce all kinds of war-supplies - weapons, ammunition, uniforms, saddlery and rations.