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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]
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.
It was World War II, not the New Deal, which finally ended the crisis. Nor did the New Deal substantially alter the distribution of power within American society and economy; and it had only a small impact on the distribution of wealth among the population.
The British textile industry depended on cotton from the South, but it had stocks to keep the mills operating for a year and in any case the industrialists and workers carried little weight in British politics. A war would cut off vital shipments of American food, wreak havoc on the British merchant fleet, and cause the immediate loss of Canada.
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 ...
The period featured a transformation from the issues of the Third Party System, which had focused on the American Civil War, Reconstruction, race, and monetary issues. The era began in the severe depression of 1893 and the extraordinarily intense election of 1896. It included the Progressive Era, World War I, and the start of the Great Depression.
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 ...
A meta-analysis of 42 primary studies with 243 effect size, which are aggregated results from multiple studies, found that military expenditures tend to have positive effects on economic growth in developed countries but generally negative effects on growth in less developed countries. The study attributes the negative effects to the diversion ...