What were the economic impacts of world war 2 in the US?

Answer 1

Check the related links at right for a link showing the costs of the war by nation.
$1 trillion USD in 1945 dollars
$1 trillion USD in 1945 dollars

What price can be put on the estimated 70 million people who lost their lives.
the over all cost in world war two gos towards hitler. but the overall cost was over 125 billion dollars.
The worlds economic cost was about $1,500,000,000,000.00 and more than 54 million lives.
$1 trillion USD in 1945.
According to my Oxford Companion to WWII in strictly monetary terms here was the breakdown for the major players in their currencies:

UK-Pounds Sterling 20,500,000,000 US-$306,000,000,000 Germany-Reichmarks 414,000,000,000 Japan-Yen 174,000,000,000 Italy- Lire 278,500,000,000 USSR- Ruble 582,000,000,000

I'm not sure if the US figure even takes into acount the 50 billion in Lend lease aid that was given out.

The monetary cost to the U.S. was $288,000,000,000.

trillion dollars according to some other sites (trillion dollars total for Germany, EVERYONE involved including france, US, etc.)

$1.5 trillion

Figuring cost of a war that lasted multiple years is a bit tricky. To the question properly would require a yearly cost of the war. But, for arguments sake, if we say that the cost was in fact $2.88 billion and we figure that for the year 1945, then the cost in 2008 would be $3,444,848,000,000.00. I use the year 2008 because the website I use for these types of calculations only goes through the year 2008. If you would like to check this for your self. This is the citation: Samuel H. Williamson, "Six Ways to Compute the Relative Value of a U.S. Dollar Amount, 1790 to Present," MeasuringWorth, 2009. URLhttp:/www.measuringworth.com/uscompare I hope this helped everyone.

Germany and Britain destroyed each other in World War 2. At the end, Germany was a pile of rubble and Britain was virtually bankrupt.

The economic cost of the war has been estimated at US$1500 billion.

Of this, the US spent 21%, Britain 20%, Germany 18% and the USSR 13%.

(Source: The Penguin Atlas of World History ; Hermann Kinder and Werner Hilgemann; Originally published as Atlas zur Weltgeschichte).

Relative populations were US 120m, Britain 48m, Germany 90m and USSR 200m.

Britain had a National Debt of 250% of GDP in 1945. It made the final repayment on the WWII component of the debt in 2006.

During an address to a joint session of Congress in 1948, pertaining to the crisis in Greece, President Harry S. Truman stated that the United States contributed $341,000,000,000 to World War II. One would take at face value that President Truman's source on this was, likely, fairly reliable.

In 2020, japan sent of 20,000,000,000,000,000,000 yen for war cost

Answer:$1 trillion
According to the author of the article sited, World War II cost 16 million U.S. troops being deployed on two fronts at the cost of about $5 trillion (inflation adjusted).
Read more: Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/03/17/MNBVVL9GK.DTL#ixzz0UPDB5gNQ
In ww2, the damages and cost of food totaled to

(in using the dollar sign when it should be the pound sign)

$436678568

Canada did not accept American Lend-Lease aid. Actually Canada ran its own lend-lease program for its allies called "Mutual Aid", supplying its allies with four billion dollars worth of war materiel. A further credit of a billion dollars was given to Britain.
http://www.canadaatwar.ca/content-17/wor…

Canada forgave all countries their Mutual Aid debt at war's end, just wrote it off entirely [where-as Britain as one example was paying back the USA until the 1990s] w
The economic costs of WWII for all the countries involved, that is the direct costs of the war itself was $1,600,000,000,000 plus or minus some loose change. That'll buy a lot of beans, bullets and bandaids.

Answer 2

there was no problems as Germany gave other countries money as they felt guilty

Germany gave other countries money as it was part of their deal with the world leaders for causeing so much destruction...

Answer 3

World War Two gave US companies much business as they helped to supply Great Britain both before and after the start of the war. France was not a big customer during the war because the Germans occupied France early on. Later when the US entered the war, in 1941, big US companies made allot of money suppling the US governments military needs. The war actually pulled the US out of the Great Depression.After WW 2, Europe's economy had been destroyed by the war. The US economy had been largely undamaged and good business was made in rebuilding the European economy.

Answer 4

There were many food shortages and food stamps were used to distribute food evenly. Also, a lot of ammunition/ weapons cost a lot. This got America further into debt.

Answer 5

$1 trillion USD in 1945.

Answer 6

2 dollars