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[80] [81] The U.S. emerged relatively unscathed from the war, with even greater economic and military influence. [82] The economy doubled and tripled in size as a massive industrial mobilization was accompanied by artificial wage and price controls. 16 million men entered the military (most were drafted), in addition to 300,000 women volunteers.
Until It's Over, Over There: The US Economy in World War I in Stephen Broadberry and Mark Harrison, eds., The Economics of World War I (2005) ch 10; also (National Bureau of Economic Research, 2004, No. w10580) Paxson, Frederic L. America at War 1917–1918. American Democracy and the World War volume 2 (1936) Schaffer, Ronald.
During WWI (1914-1918), large numbers of women were recruited into jobs that had either been vacated by men who had gone to fight in the war, or had been created as part of the war effort. The high demand for weapons and the overall wartime situation resulted in munitions factories collectively becoming the largest employer of American women by ...
Resch, John P., ed. Americans at War: Society, culture, and the home front: volume 3: 1901-1945 (2005) Schaffer, Ronald. America in the Great War: The Rise of the War-Welfare State (1991) Trask, David F. The United States in the Supreme War Council: American War Aims and Inter-Allied Strategy, 1917–1918 (1961) Trask, David F.
The British tried to weaken the American economy with a blockade of all ports, but with 90% of the people in farming, and only 10% in cities, the American economy proved resilient and able to support a sustained war, which lasted from 1775 to 1783. [25]: ch 42, 48
The aftermath of World War I saw far-reaching and wide-ranging cultural, economic, and social change across Europe, Asia, Africa, and even in areas outside those that were directly involved. Four empires collapsed due to the war, old countries were abolished, new ones were formed, boundaries were redrawn, international organizations were ...
President Theodore Roosevelt uses US naval power to reduce European influence in the Americas. The sign on the gun barrel says "Monroe Doctrine". Büchsel carefully noted that a condition for success in the German invasion of America was the absence of a major conflict in Europe. Another condition was a poor state of American preparedness.
Texas counties by GDP in 2021 (chained 2012 US$) The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.694 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]