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According to Shank, "negative unintended consequences occur either concurrently with the war or develop as residual effects afterwards thereby impeding the economy over the longer term". [17] In 2012 the economic impact of war and violence was estimated to be eleven percent of gross world product (GWP) or 9.46 trillion dollars. [18]
The economic history of the American Civil War concerns the financing of the Union and Confederate war efforts from 1861 to 1865, and the economic impact of the war. The Union economy grew and prospered during the war while fielding a very large Union Army and Union Navy . [ 1 ]
These concepts have been applied to current wars, like the War in Ukraine, and researchers note that ordinary people, not politicians, are needed to drive peace in post conflict based on ethics and "moral duty." [1] The by-laws of the Section on Peace, War and Social Conflict of the American Sociological Association specify: [2]
Nonetheless, the social conformity and consumerism of the 1950s often came under attack from intellectuals (e.g. Henry Miller's books The Air-Conditioned Nightmare and Sunday After The War) and there was a good deal of unrest fermenting under the surface of American society that would erupt during the following decade.
Pentagon Capitalism: The Political Economy of War. New York: McGraw-Hill. [12] 1971. The war economy of the United States; readings on military industry and economy. New York: St. Martin's Press. [13] 1983. Profits without Production. [14] 1985. The Permanent War Economy: American Capitalism in Decline NY: Simon & Schuster. [15] 1988.
The diversification and urbanization of the U.S. population could have a substantial impact on American politics, many experts say. At first glance, the shift in demographics appears to offer an ...
The American Civil War (April 12, 1861 – May 26, 1865; also known by other names) was a civil war in the United States between the Union [e] ("the North") and the Confederacy ("the South"), which was formed in 1861 by states that had seceded from the Union.
As the little red numbers tick higher, the real-world consequences are hitting the lowest-income Americans the hardest and straining budgets for most everyone. Gas prices go up. "We're not gaining ...