The effects of World War II upon the American economy are difficult to over-estimate. In forcing American industry to boost production and increase efficiency, the war led to a quantitative increase in American industrial sites, processes, and output. Qualitative improvements also followed, as creative American business and political leaders discovered new and better ways to make old products; they also discovered new products which contributed to victory during the war and to a more diverse (and profitable) economy once the war ended.
It effected the World's economy. The economy was poor before the war because people were still getting over World War I and the 1929 Great Dperession. World War II just brought down the economy more. If you could imagine paying that much money for 2 wars at almost the same time. It cost a lot.
it was the biginning of the end of the war.......................
war is great for an economy built on defense industryIMPROVED ANSWER:The United States flourished during the second world war because we were the ones to end it by bombing Hiroshima and Nagasaki Japan.
Because of the creation of new jobs and factories to produce equipment for the military, World War II brought an end to the Great Depression in the United States. World War II started in 1939, but the US didn't enter the war until 1941.
The League of Nations was formed at the end of World War One, the United Nations was formed at the end of World War II.
World War II is said to have pulled us out of the Depression because we supplied our allies with war materials, which created jobs and jump started our economy. Therefore, people believe the war helped end the Depression.
World War II got the U.S. out of the Great Depression and never got any worse from there.
Yes it did. See my answer to the same question on the related link below.
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It has changed from a farming to an industrial economy.
The shipbuilding did have a good effect on the economy of Seattle and other the other places building ships, submarines, and boats, especially the Higgins boats. The entire country benefit economically from the war industry. It improved the lives of the workers too.
World War 1 left Russia's economy in complete devastation. By the end of the war Russia had 8,000,000,000 rubles of debt.
Wage freezes reduced consumer spending.
it meant that the persecution stopped.
Together with the bomb dropped over Nagasaki, they put the end of the war.
This was the end of World War I. Europe was devastated by the war and left in ruins. The economy went downhill and political boundaries changed, such as the deformation of Austria-Hungary.
it's the day world war 1 (supposedly the war to end all wars) ended.
The end of world war 2, computers, television automobiles, economy, and technology