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The period from the end of World War II to the early 1970s was one of the greatest eras of economic expansion in world history. In the US, Gross Domestic Product increased from $228 billion in 1945 to just under $1.7 trillion in 1975. By 1975, the US economy represented some 35% of the entire world industrial output, and the US economy was over ...
Churchill's Secret War: The British Empire and the Ravaging of India during World War II (2010). Raghavan, Srinath. India's War: World War II and the Making of Modern South Asia (2016). wide-ranging scholarly survey excerpt; Read, Anthony, and David Fisher. The Proudest Day: India's Long Road to Independence (1999) detailed scholarly history of ...
Key recent developments include the rapid growth of India's economy, closer ties between the Indian and American industries especially in the Information and communications technology (ICT), engineering and medical sectors, an informal entente to manage an increasingly assertive China, robust cooperation on counter-terrorism, the deterioration ...
During World War II, more than 400,000 American soldiers were sent to India. [3]After the end of British colonial rule in India in 1947, the "colonial third culture" surrounding employment, which featured expatriates in superior roles, natives in subordinate roles, and little informal socialisation between the two, began to be replaced with a "co-ordinate third culture", based around the ...
Miller, Sally M., and Daniel A. Cornford eds. American Labor in the Era of World War II (1995), essays by historians, mostly on California; Lichtenstein, Nelson. Labor's War at Home: The CIO in World War II (2003) Wynn, Neil A. The Afro-American and the Second World War (1977) Vatter, Howard. The U.S. Economy in World War II Columbia University ...
Gopinath highlighted that while the conditions for another Cold War—ideological and economic rivalries between the world’s two biggest economies—were similar to those in the 20th century ...
The US economy is on the verge of an extremely rare achievement. Economic growth in the first half of the year was solid, with the economy expanding a robust 2.8% annualized rate in the second ...
During World War II unemployment by 1945 had fallen to 1.9% from 14.6% in 1940. 20% of the population during the war was employed within the armed forces. [ 36 ] The beginning years of World War II shows a spike in employment, but towards the end of the war decreased significantly.