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War has two distinct effects on the PPF of a nation. Assuming the homeland of the nation at war were vulnerable to attack the entire PPF would shift inward as factories fell prey to enemy attacks - this was not the case for the US during WWII. WWII did not cause an inward shift of the PPF for the US because the mainland was not subject to attack. Production in the US was subject to the second effect of war on the production of a nation, the productive resources were shifted toward materiel for the war effort. This is not an outward shift of the PPF in any way, it is a movement along the PPF in favor of war machines at the cost of consumer goods. It is this second effect that enables countries to produce more war goods despite shrinking overall productivity than the country did in peace.
To reiterate, you must remember to treat the two effects of war on a nation's PPF separately because they are distinct effects. Changes in the overall PPF are a result of acts of war (e.g. bombing factories) whereas movements along the PPF are the result of being in warfare (i.e. a given factory now produces tanks instead of cars
What else can I help you with?
Why is PPF negatively sloped?
why PPF in economics is negatively sloped
What is the difference straight ppf and concave ppf?
If the opportunity cost is constant, the PPF is a straight line; when the opp. cost of a good rises when it is produced more, then concave.
What does PFF mean in economics?
You must mean PPF? PPF: Production Possibilities Frontier.
What causes ppf to shift over time?
The production possibilities frontier (PPF) shifts over time due to changes in various factors such as technological advancements, increases in resource availability, improvements in human capital, and changes in government policies. For instance, if a country discovers new technology that enhances productivity, the PPF will expand outward, indicating a greater capacity to produce goods and services. Conversely, natural disasters or depletion of resources can cause the PPF to shift inward, reflecting a reduction in production capabilities. Overall, any changes that affect the efficiency or quantity of inputs used in production can lead to shifts in the PPF.
In context to the production possibilities curve what is the largest reason for unemployment?
Operating at an inefficient point, i.e. inside the PPF and not on the edge or line of the PPF
How did the war affect minorities in the US?
which war
Why is PPF negatively sloped?
why PPF in economics is negatively sloped
When was PPF - company - created?
PPF - company - was created in 1991.
How did World War 1 afect the US?
world war one affect the us they had get a alot of money
How does the third amendment affect you and your community?
it doesn't really but if the war came to the US it would have a big affect on us.
How did World War 2 affect the US?
hu
How did World War 1 affect US policy?
the war affected it greatly
Did the outcome of the civil war affect the us outcom?
It was the beginning of the Civil War.
Balance of ppf account?
When you open your PPF Account you will get a pass-book which will be updated everytime you make a transaction. These days, when you open a PPF account, the balance is available online. Check with the bank that helped you open the PPF Account. They will help you with it
What is the difference straight ppf and concave ppf?
If the opportunity cost is constant, the PPF is a straight line; when the opp. cost of a good rises when it is produced more, then concave.
What causes ppf to be a straight line?
when the oppotunity cost is a constant the PPF will be a stright line
What does PFF mean in economics?
You must mean PPF? PPF: Production Possibilities Frontier.
