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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]
Ohanian, Lee E. (March 1997). "The Macroeconomic Effects of War Finance in the United States: World War II and the Korean War". The American Economic Review. 37 (1): 23– 40. JSTOR 2950852. Rockoff, Hugh (2012-03-29). America's Economic Way of War: War and the US Economy from the Spanish–American War to the Persian Gulf War. pp. 242– 59.
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 ]
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.
The Civil War had a devastating economic and material impact on the South, where most combat occurred. The enormous cost of the Confederate war effort took a high toll on the region's economic infrastructure. The direct costs in human capital, government expenditures, and physical destruction totaled $3.3 billion.
The social history of soldiers and veterans in United States history covers the role of Army soldiers and veterans in the United States from colonial foundations to the present, with emphasis on the social, cultural, economic and political roles apart from strictly military functions. It also covers the militia and the National Guard.
War is often used as a last-ditch effort to prevent deteriorating economic conditions or currency crises, particularly by expanding services and employment in the military and by simultaneously depopulating segments of the population to free up resources and restore the economic and social order. A temporary war economy can also be seen as a ...
The sociological study of peace, war, and social conflict uses sociological theory and methods to analyze group conflicts, especially collective violence and alternative constructive nonviolent forms of conflict transformation. These concepts have been applied to current wars, like the War in Ukraine, and researchers note that ordinary people ...