The second world war and the US economy, or who would benefit from war.
10 november 2016, 18:44
In continuation of the article about lend-lease.
Very often in the US heard criticisms is that they say those damn capitalists not only sat out at the ocean while on the sidelines of the Second world perished Soviet soldiers but also brazenly profited from these deaths and even the lend-lease act, the United States produced not at a loss. Profit from lend-lease, often due to the fact that he certainly paid for by the Soviet side, however, is a too superficial view of the problem besides also and fundamentally incorrect about what I wrote in a previous article. And yet, the view that America is in economic terms the war was not unfounded best and now I will try to explain why. Of course it is hard to talk about the benefits in the war-torn country which lost it about 400 thousand of its citizens but we still try to ignore the moral aspect of reasoning about the benefit of war for the United States and focus solely on the numbers.
Think for anybody not a secret that the United States from the Second world war suffered the least losses of all the countries participating in the war an active part. American territory is practically not affected by the fighting if you don't count the RAID on pearl Harbor but the Japanese program Fu-Go bombing the U.S. from unmanaged balloon effect from the last was only 6 American civilians killed Yes, damaged the cooling system of a nuclear reactor but the result of such damage could be losses for the United States to block for example the landing in North Africa, but fortunately did not happen. American territory is not subjected to the occupation of a single state piece of land had been in the hands of the Japanese became the island of Attu, the Kiska Wake and GUAM. Thus, neither the civilian population nor the infrastructure nor the economy of the US has not suffered from direct exposure to the enemy.
Overall in the US economy since the war, there has been very strong growth. Compared to 1938 to the summer of 1945, the power industry grew by 40%. For example, in the diagrams No. 2 and No. 3 you can see how the rising output of steel and iron and coal mining and oil. The US GDP during the war grew by 691%. The location of the government defence orders in the us economy led to a sharp increase in production which in turn led to an increase in the number of jobs and thus reduce unemployment the number of employed in non-agricultural industries of the Americans you can see in the chart No. 5. As a result, by 1944 the number of unemployed in the United States amounted to only 700 thousand people. For comparison in 1940 the figure was 8 million. The average salary of Americans increased by 6-8%. All this of course has led to an increase in the total
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