World War II -- Economic Means of War
Pre-War America was ill-prepared for the logistics of War. Upon entering the War, the United States was faced with a complex situation in which it had to coordinate the logistics of global war among its own forces and in conjunction with Allied forces. Through the efforts of notable military leaders, the United States capably mastered logistics for success in both the European and Pacific Theaters.
World War II - Economic Means of War for the United States
Prior to the United States' entry into World War II, the "window to the west" was closed due to American isolationism and economic crisis during the Depression.[footnoteRef:1] There were two competing forces in pre-war America: those who believed America should intervene in the European war vs. The "America First Committee" that believed America's best pre-War interests were served by doing precisely nothing and that Germany's victory would be advantageous...
The inability of some workers to comply led to absenteeism. More repressive measures were introduced, such as records of tardiness, poor workmanship and charges of sabotage against the Five-Year Plan. Violators could be shot or sent to forced labor on the Baltic Sea Canal or at the Siberian Railway. Stalin's opponents argued that this inequality was an act of betrayal of socialism, which would create a new class system
An arguably even stronger influence, however, comes from the other side of the economic railroad tracks. Though few come out and say it, it is likely that many of the elite members of society approve of war not out of any sense of nobility or honor, but because war has direct extrinsic benefits for them. These benefits are both political and economic in nature, and tend to positively affect all
Economics The situation in the European air cargo industry bears many hallmarks of a cartel, and this was the finding of the European Commission. The OECD (2002) defines a cartel as "a formal agreement among firms in an oligopolistic industry…on matters such as price, total industry output, market shares, allocation of customers, allocation of territories, bid-rigging, division of profits or the establishment of common sales agencies." The main difference between this
Economic Policy and the National Debt Ironically, when governments overspend they typically find ways to refund or restructure debt -- when individuals or corporations within those countries do the same, the consequences are quite different. Money means more than one thing -- usually an object that is traded for payment of goods or services, of exchange. However, when we talk about the government, there is a huge different in the way
(Buchanan, 72) The economic policy tools that were employed just after the war subsequently underwent some changes. From 1947 to 1950 direct controls on wages and distribution were eliminated followed by removal of trade controls in 1958. However, the government continued to maintain its hold over prices and credit distribution which made it different from many of its neighboring states in the postwar period. The French Ministry of Finance exerted
Similarly, the subprime crisis represents well the argument between GDP and GPI. The housing bubble resulted in strong profits for the banking, real estate sales and construction industries. Each contributed to GDP growth. Yet, GPI argues that very little real value was created. The sale of a home from one speculator to another increases the GDP, but it creates no value. If that home is flipped three or four times
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