Effect of world war 2 on economy
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Impact of World War II on the U.S. Economy and Workforce | World War II Stories
America’s involvement in World War II had a significant impact on the economy and workforce of the United States. The United States was still recovering from the impact of the Great Depression and the unemployment rate was hovering around 25%. Our involvement in the war soon changed that rate. American factories were retooled to produce goods to support the war effort and almost overnight the unemployment rate dropped to around 10%. Women went to work to fill jobs that were traditionally held by men. This segment of Iowa Public Television's Iowa’s WWII Stories includes historical footage and profiles how a civilian from Ankeny, Iowa supported the war effort.
America’s involvement in World War II had a significant impact on the economy and workforce of the United States. The United States was still recovering from the impact of the Great Depression and the unemployment rate was hovering around 25%. Our involvement in the war soon changed that rate. American factories were retooled to produce goods to support the war effort and almost overnight the unemployment rate dropped to around 10%. Women went to work to fill jobs that were traditionally held by men. This segment of Iowa Public Television's Iowa’s WWII Stories includes historical footage and profiles how a civilian from Ankeny, Iowa supported the war effort.
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The second world war had various effects on the world . They are as follows :
1) Axis powers : Germany was divided into two - federal republic and the German republic to be governed by the big three : Britain , France and Russia .
Further ,the occupation and rehabitations Japan and Italy were to led by Britain and later we're hanged over to the king's .
2) United Nations : The failure of the league of nation's and the second world war led to the meeting of the big three leaders . These led to the drawing up of the charter of U.N at San Francisco .
3) Cold war : Though Britain and soveit union fought together in the war but soon after the war , a old and suspicious tension prevailed between the two . Though they were not engaged in actually fighting but mentally , there was no peace in the community . This led to the Cold war .
4) Division of the world into two Blocs : The whole world was divided into two :
✴️ The capitalists and democratic Bloc (led by Britain )
✴️ The Communists ( led by Soviet Union )
5) Economy :
✔️Many men went to fight – women did their work. This had a long-term effect upon women's lib, although any gains seemed to evaporate straight after the war, when the men came back and many women went back to the kitchen.
✔️There was a huge growth in munitions/ aircraft industries – other industries (eg house building) were put on hold
✔️There was a huge emphasis on food production – Dig for Victory
✔️rationing – notably of petrol
Shortages of workers
__________________________
Hope it helps you.....! ✌️
___________________________
The second world war had various effects on the world . They are as follows :
1) Axis powers : Germany was divided into two - federal republic and the German republic to be governed by the big three : Britain , France and Russia .
Further ,the occupation and rehabitations Japan and Italy were to led by Britain and later we're hanged over to the king's .
2) United Nations : The failure of the league of nation's and the second world war led to the meeting of the big three leaders . These led to the drawing up of the charter of U.N at San Francisco .
3) Cold war : Though Britain and soveit union fought together in the war but soon after the war , a old and suspicious tension prevailed between the two . Though they were not engaged in actually fighting but mentally , there was no peace in the community . This led to the Cold war .
4) Division of the world into two Blocs : The whole world was divided into two :
✴️ The capitalists and democratic Bloc (led by Britain )
✴️ The Communists ( led by Soviet Union )
5) Economy :
✔️Many men went to fight – women did their work. This had a long-term effect upon women's lib, although any gains seemed to evaporate straight after the war, when the men came back and many women went back to the kitchen.
✔️There was a huge growth in munitions/ aircraft industries – other industries (eg house building) were put on hold
✔️There was a huge emphasis on food production – Dig for Victory
✔️rationing – notably of petrol
Shortages of workers
__________________________
Hope it helps you.....! ✌️
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