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How Did The Ww2 Affect The Economy

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1.1 1945 is one of the most important year in human history, in that year there was a wise action taken by the world which is the signing of peace treaty among the countries that involved in the World War II, one of the most horrible war in human history. German and its allies which are the losing side needs to rebuild its nation and must pay the debt. World War itself already costs high amount of money for the countries that are involved in it. The money cost for the World War II was deriving the involved countries to rebuild their economic and country development. United States of America and U.S.S.R as the winning side were not released from the loss that they got because of their involvement in the World War II. They started to stabilize …show more content…

It was the Cold War, the new kind of war which not using the military power in its practice. This war more likely a high political tension between the USSR and United States of America. Both of those countries were competing each other in term of ideology spread out, The United States of America with Democratic Liberalism and U.S.S.R. with The Communism ideology. The financial support and technology development were the main focus of the competition. The technology invention during the Cold War was incredibly well developed. One of the competition those days was the journey to the outer space. Both U.S. and U.S.S.R. were trying to invent the technology to reach this dream. Today we all know that the first man that landed on the moon was Neil Armstrong, this news is according to U.S. Government. This maybe could deliver U.S. to the winning side in Cold War. Post World War II situation was very unstable, there were the economic crisis in the entire world. These crisis that was happened post World War II was frightening the United States of America, because the afraid that U.S.S.R. would spread out their Communism Ideology easier. Then there come the “Marshal Plan”, that used by U.S. to spread the their Democratic Liberalism and prevent the Communism Spread out in West

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1. Source 2 was created during the Roaring 20s. The historical context of the time happened during consumerism. Throughout the 1920s as a results of mass production, new products on the market, and improved advertising techniques, the consumerism radically came.

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Post World War II America was one of the most militarily active periods in American history, having been involved in three wars, spanning roughly from 1947 to 1992, in order to stop the spread of communism. Overall, the United States permanently broke its previous isolationist policy in an attempt to promote democracy throughout the world; however, the wars proved to have serious negative effects on America. America was impacted by the military involvement in the Cold War, the Vietnam War, and the Korean War. Shortly after the end of World War II, America and Russia, the two super world powers emerging from the war, divided various parts of Eurasia—namely Germany and Korea—between themselves. Following America’s decision to maintain world

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During the period of the Cold War, the United States and the Soviet Union entered into a conflicting era of confrontation. It created an environment of hostility, competition and security on both ends. It was a war on propaganda, economic, diplomatic haggling and intermittent military clashes. There was no actual warfare among the nations it was at a competition to see who's government ideology was the "strongest". The United States had many goals but one successful one was to prevent communism from spreading, so they took preventive measures to help prevent communism from spreading a lot more than it had been.

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World War 2 had changed life on the homefront and completely switched gender roles. As men went off to war the women had to replace their jobs and work in factories manufacturing firearms, bullets, vehicles, etc. The boys who were not old enough to go to war collected scrap material to make items for the soldiers. People even had to put a certain type of shades on their windows to stop light from being seen on the outside in fear of giving the enemy bombers a target. World War 2 even started many social justice movements to stop racism even though it was still present during the war.

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During World War 1, the demand of food was high. The US provided for not only their own soldiers, but also those of other nations, and even the civilians in the rampaged neighborhoods. The farmers had confidence and used the income from the government to buy more land and machinery on credit. Banks supported the farmers while the industry boomed. When the war came to an end, the demand dropped but the supply rose.

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As World War II was coming to a close, the United States went from a depression to a thriving economy. The war brought prosperity, and in the postwar period the United States became the world 's richest country. United States’ GDP jumped 223 percent between 1944 and 1947 from about $200 thousand million to $300 thousand million . As more and more Americans were becoming a part of the middle-class, the United States economy was growing. Economic growth had many affects on American life such as rising living standards, agricultural hardships, and a newly emerging American culture.

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The Cold War was a war full of politics and beliefs along with brutal fighting. Communism was seen as a major threat to the United States. The Soviet Union was trying to, at the time, influence other countries of its communist beliefs in hopes of gaining allies and resources. The Soviets expanded after WWII and the Americans feared this, adding tense to their “alliance.” The Soviet Union’s main targets were Europe but also to gain global exposure and power as well.

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Following the First World War, multiple countries came together to form a treaty and resolve disputes. In short terms, Germany was given all the blame and suffered more heavy loses.

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Along comes the United States, they had tried to stay out of the war, but they were affected by having a merchant ship attacked and sunk by the Germans. They also felt sorry for their allies after Russia pulled out. U.S. businessmen had invested a lot of money to fund the war for the U.S.

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World War 2 spanned across six years, included many counties, but in the end, United States of America and the Allied Forces came out victorious in 1945. The war had a heavy impact on America’s economy, how American civilians and US soldiers returning to the states would continue to live out their American dreams. Gross Domestic Product (GDP) is a baseline to see how the general state of the Country’s economy is doing. When GDP is increasing it is called an economic expansion and when it is decreasing it is an economic recession.

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World War II War World II was a horrific war that lasted 6 miserable years starting in 1939 and ending in 1945. Germany was a huge contributor to the starting of World War II, along with its dictator Adolf Hitler. Many countries, religions, and people were changed by this disastrous war. There were even events that occurred before the war that led up to the war. World War II was the most important war in history, and we are still being changed by it today.

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The world staggered in the aftermath of World War I. After the Treaty of Versailles in 1919, countries were left angry and frustrated; and America, though not as injured as those countries friendly with her, sat just as shell-shocked as others. For nations all over the world, the reality of the Great War affected economies and family units, debt was high and many families had lost loved ones. In America, battle deaths in World War I totaled over 55,000, with another 63,000 dying during military service, leaving the family structure challenged and changed. For children surviving this period, World War II would take on a different connotation as they, now as adults, faced their own responsibilities in a precarious and wounded world.

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During this time, anti-communism became an important component of American foreign policy, and the US developed a containment strategy to stop communism from spreading to other nations. Anti-communism also evolved into a strategy used by the United States to assert its power and continue to be the world's

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By 1945, those involved in the Second World War were exhausted. There had been millions of casualties, millions were still suffering and countries were in turmoil. After six years of war, those involved were ready for it to be over. By the end of 1944 the Axis had collapsed. Once Germany unconditionally surrendered on May 8, 1945, the Allies were hoping Japan would surrender too.

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