The Negative Effects Of World War II And The Great Depression

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At the onset of World War II, United States remained neutral, as to not be pulled into the global conflict. However, after the bombing of Pearl Harbor, the United States would enter the war, and become one of the most influential and large players within it. World War II had a massive impact on technological production and society of the time, due to it helping America out of the Great Depression, changing the roles of gender in the home and workplace, and allowing America to emerge as the prominent super power of the world after the war.

World War II played a part in taking the United States out of it 's Great Depression, by use of the massive amount of production necessary to win the war. However, a brief history of the war would help in
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However, the unique demand for enitrely new wartime industries did help (Hyman). It was particularly one episode of genius, in the "marriage of finance and policy", that the United States government formed the Defense Plant Corporation, which helped American industries switch to the production of various war effort supplies (Hyman). For instance, 6 million pounds of magnesium production by Dow Chemical –needed for airplane hulls- was magnified to 600 million pounds, thanks to loans from the DPC (Hyman). The financial support from DPC transformed the aerospace industry to four times that of the car industry by the end of the war (Hyman). Again, private capital had a chance to be invested profitably, which is "the secret to any economy 's success" (Hyman). It was this combination of wartime industry and loans during World War II that helped America out of the Great …show more content…
The United States, prior to World War II, had signed a neutrality act in 1935 that prevented it from getting involved. However, soon after the bombing of Pearl Harbor, the United States entered the war, and ended the fight against Japan with the dropping of the atomic bomb, showing the rest of the world what could potentially result from invading America. One of the main reasons the Allies were able to pull out over the Axis was the issue of money. Germany ran out of most of its money three years into the war, causing them to hunker into a more defensive war, while the United States proftitted off of the bonds the English and French took out within the American economy (Atlantic). In fact, it was this massive profitting that in part allowed the United States to emerge as a super power after the war, as they had made over $560 billion dollars, adjusted for inflation, in investments over the course of the war

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