Search results
Results from the WOW.Com Content Network
A temporary war economy can also be seen as a means to avoid the need for more permanent militarization. During World War II, U.S. President Franklin D. Roosevelt stated that if the Axis powers won, "we would have to convert ourselves permanently into a militaristic power on the basis of war economy." [3]
The Office of Economic Stabilization was established within the United States Office for Emergency Management on October 3, 1942, pursuant to the Stabilization Act of 1942, as a means to control inflation during World War II through regulations on price, wage, and salary increases.
World War II [b] or the Second World War (1 September 1939 – 2 September 1945) was a global conflict between two coalitions: the Allies and the Axis powers. Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war .
The Stabilization Act of 1942 (Pub. L. 77–729, 56 Stat. 765, enacted October 2, 1942), formally entitled "An Act to Amend the Emergency Price Control Act of 1942, to Aid in Preventing Inflation, and for Other Purposes," and sometimes referred to as the "Inflation Control Act", [1] was an act of Congress that amended the Emergency Price Control Act of 1942.
Mount Washington Hotel. The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 allied nations at the Mount Washington Hotel, in Bretton Woods, New Hampshire, United States, to regulate what would be the international monetary and financial order after the conclusion of World War II.
War and Economy in the Third Reich. New York: Oxford University Press. ISBN 978-0-198-20599-9. Schweitzer, Arthur (1964). Big Business in the Third Reich. Bloomington: Indiana University Press. Tooze, Adam (2006). The Wages of Destruction: The Making and the Breaking of the Nazi Economy. New York: Viking. ISBN 978-0-670-03826-8. Turner, Henry A ...
A preemptive war is a war that is commenced in an attempt to repel or defeat a perceived imminent offensive or invasion, or to gain a strategic advantage in an impending (allegedly unavoidable) war shortly before that attack materializes. [1]
The same day, Nixon also suspended the convertibility of the dollar into gold, which was the beginning of the end of the Bretton Woods system of international currency management established after World War II. [3] The 90-day freeze was unprecedented in peacetime, but such drastic measures were thought necessary.