0
The economy before World War 2 was very poor. Large numbers of unemployment and debt in multiple countries, such as the United States, Great Britain and France. The only country that actually started World War 2 with a good economy was Italy and Germany, for they cut unemployment by making large and powerful militaries.
Prior to Hitler becoming the Furher the economy of Germany was depressed and in dire straits. People were starving, hungry, homeless and jobless. He turned the economy around. People had homes, work, food and many were working for the Reich in the government positions or the army. Sad that at the end of the war the Germans were right back to where they started.
The US suffered a sharp decline in output in the first year of peace with the end of war production and the axing of $40bn of government spending, but then entered a prolonged period of growth with the successful reconversion to peacetime output. Liberalisation of the international trade regime coupled with European reconstruction & recovery contributed to a sustained growth of world trade, though the US economy retained its traditionally strong domestic orientation. Postwar expansion delivered two decades of high employment, modest inflation and falling per capita public debt until the strains of escalating military intervention in Vietnam inaugurated a cycle of mounting inflation and contractionary fiscal policy.
Before World War Two, the US economy was in a deep depression. The economic problems began late in the 1920's with the stock market crash. Banks closed, companies went out of business, and unemployment was up to 25%. This number was astounding. Various government programs in the 1930's brought about by US President Franklin D. Roosevelt helped to a certain extent, however, the depression lingered on.
The US wasnt involved in WWI so it would be the same as it was before WWI
The economy in Japan before WW2 was almost the same as America and most other large nations an international great depression
America's economy before WW 2 was bad because of the great depression.
Add your answer:
Earn +20 pts
Was true of the us economy after world war 2?
After World War 2, the US had the strongest economy in the world.
What was true of the U.S economy after world war 2?
it was the strongest economy in the world
Politically what happened in World War 2?
Germany had to pay all the repirations for the war The US' economy became dependent on Japan The US was in debt because of all of the money that Europe burrowed from the US Germany had to burow money from the US to help pay debts
Was the US almost bankrupt after World War 2?
No. The United States' economy was bolstered from the industrial boom of becoming a war-time economy, lifting them from the depression.
Which of the following helped US became a superpower after world war?
The U.S. economy had not been destroyed by fighting during WW2.
Was true of the us economy after world war 2?
After World War 2, the US had the strongest economy in the world.
What happened to the economy of the US after the war?
The primary thing that happened to the economy of the US after the war was a dramatic slowdown. This is a result of the halt to the manufacture of equipment needs for fighting.
What happened to the economy of the US after war?
The primary thing that happened to the economy of the US after the war was a dramatic slowdown. This is a result of the halt to the manufacture of equipment needs for fighting.
What After the war what happened to the economy of the US?
The primary thing that happened to the economy of the US after the war was a dramatic slowdown. This is a result of the halt to the manufacture of equipment needs for fighting.
What was true of the U.S economy after world war 2?
it was the strongest economy in the world
What impacts did World War 1 have on the US economy?
in a world war 1 on the us ecompny all the american are died and and war is started 1941 to 1954 the american is won the war by us economy
US economy World War I?
Booming!!
After the war what happen to the economy of the US?
The primary thing that happened to the economy of the US after the war was a dramatic slowdown. This is a result of the halt to the manufacture of equipment needs for fighting.
How did the world war 1 affect the economy of the US?
it caused the economy to go down
After world war 2 the us switched from a manufacturing economy to a what kind of economy?
industrial
Pre world war 2 US economy?
k
What event pulled the US out of the great depression?
War economy- World War II
