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The Vietnam War was responsible for a heavy strain on the financial resources of the US economy. Due to the war exigency, there was a negative imbalance in the industrial sector. Factories which were manufacturing consumer goods had to shift their onus towards catering to the demands of the military. A war never benefits anyone; this statement proved right to America too.
Due to excessive military spending and diversion of funds overseas, the dollar weakened. There was no equivalent amount of funds coming into the country. The country cringed under the strain of household social spending and subsidies on one side and military expenditure on the other. The government earned dissatisfaction from the general public as the interest rates rose and inflationary trends ballooned. The affluent lifestyle of the 60s which prevailed in the US began to erode because of the economic paralysis which laid the country forlorn in the 70s' Vietnam War. The Vietnam War was responsible for a heavy strain on the financial resources of the US economy. Due to the war exigency, there was a negative imbalance in the industrial sector. Factories which were manufacturing consumer goods had to shift their onus towards catering to the demands of the military. A war never benefits anyone; this statement proved right to America too.
What else can I help you with?
How did the Vietnam war have an impact on US citizens?
Since US citizens were drafted to fight the war; it had a negative impact.
What was the impact of the Vietnam War on Southeast Asia and the US?
Countries surrounding the war zone (Vietnam), Thailand as one example, had US Air Force bases stationed there. These bases impacted the economy, in a positive way, for that country.
What impact did the Vietnam War have on the on the US nation?
It divided the country into pro-war and anti-war political factions.
What effect did the test offensive in Vietnam have on the war?
The Tet Offensive had a significant impact on the Vietnam War, as it resulted in a steep decline in support for the war among the American public. The US and South Vietnam actually won a tactical victory, however, it was a political victory for North Vietnam.
What are some connections between the Vietnam and Iraq wars?
None. The US is not at war with Iraq. In Vietnam, the US was at war with North Vietnam.
How did the Vietnam war have an impact on US citizens?
Since US citizens were drafted to fight the war; it had a negative impact.
What was the impact of the Vietnam War on Southeast Asia and the US?
Countries surrounding the war zone (Vietnam), Thailand as one example, had US Air Force bases stationed there. These bases impacted the economy, in a positive way, for that country.
What economic impact did the war of Vietnam have on the US?
Larger defense budget.
What impact did the Vietnam War have on the on the US nation?
It divided the country into pro-war and anti-war political factions.
How did the outcome of the Vietnam War change the US and how it runs today?
It must be a lot and be significant for the US economy, I think.
What role did the US economy play in this change of public support during the Vietnam war?
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What was the impact of the anti war movement towards the Vietnam war on Australia's social and political envronment?
It mirrored US effects.
Why was the US at war with Vietnam?
We were at war with Vietnam because they disagreed with us about something.
How did the counterculture impact he Vietnam war?
The military draft (conscription) caused a fierce rebellious culture in the US.
What effect did the test offensive in Vietnam have on the war?
The Tet Offensive had a significant impact on the Vietnam War, as it resulted in a steep decline in support for the war among the American public. The US and South Vietnam actually won a tactical victory, however, it was a political victory for North Vietnam.
Who were the people infuenced by the Vietnam war?
In order of major impact; the Vietnamese people, the US, Australians, and the world involved with the cold war in general.
WHERE did the US attack the Vietnam war?
Vietnam
