Search results
Results from the WOW.Com Content Network
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 United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP.
After the end of World War II in 1945, Europe faced great difficulties in achieving an economic, political, and social recovery. Although historians and scholars maintain different positions regarding the causes of the development of the Cold War and its effects, all concur that the tensions between the superpowers had been accumulating, which ...
The cost of conflict methodology takes into account different costs a conflict generates, including economic, military, environmental, social, and political costs.The approach considers direct costs of conflict, for instance, human deaths, expenses, destruction of land and physical infrastructure; as well as indirect costs that impact a society, for instance, migration, humiliation, the growth ...
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 ...
American imports and exports plunged by more than two thirds, but since international trade was less than 5% of the American economy, the damage done was limited. The entire world economy, led by the United States, had fallen into a downward spiral that got worse and worse, and in 1931–32 began plunging downward even faster.
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.