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How did wartime industrial production help the american economy recover from the depression?

Wartime industrial production helped the American economy recover from the depression by giving many millions of Americans jobs.


Who helped organizations the American economy to shift to wartime production?

The WPB


Improved mass- production techniques affected the American economy of the 1920s by?

reducing prices of consumer goods.


How did the war affect the Europe economy?

The war in Europe affected the American economy by creating a massive increase in US industrial production as well as stable prices.


What is the US economy based on?

what is Canada's economy absed on


What was the first American colony to have a black majority largely due to an economy based on the production of rice by slaves?

South carolia


What was the Cuban economy based on the production of?

The Cuban economy was based on the production of sugar.


What is a input economy?

An economy that speciallizes in the production of inputs


Which is better the American economy or the Mexican economy?

As of 2011 the American economy is better than the Mexican economy. However.... The Mexican Economy has the potential to surpass the American economy. In 2010: the American Economy grew: 2.9% the Mexican Economy grew: 5.3%


What is best description of the war production board in 1942 and 1945?

It controlled much of the American economy during World War II.


How does a production possibilities curve illustrate how efficient an economy is?

A production possibilities curve illustrates how efficient an economy is by indicating the possibly opportunities in the economy. This will also illustrate the relevant costs entailed in the production.


Is an economy is efficient when it has achieved full production?

The economy is efficient only when it has achieved full employment and full production