Economic Effects Of World War II On The US

The Effects of World War II on The U.S. The United States first faced the problem of World War II by trying to stay out of the war. However when France fall to Germany, Britain was the only democracy government left in Europe. The United States decided to help Britain as much as they could without entering the war. Therefore came the Lend-Lease Act which permitted the U.S to lend, lease, or sell any arms, ammunition, and food to any country that seemed vital to the U.S safety. Although the U.S navy became more involved when it started to protect British ships that were transporting material that was apart of the lend-lease act. It was then that Germany felt the U.S was provoking them. However it was the bombing on Pearl Harbor in December
Once war had come to the United States the nation banded together to produce what was needed. The American Prospect reports “17 million new civilian jobs were created, industrial productivity increased by 96 percent, and corporate profits after taxes doubled.” The war not only offered new jobs to white men but it also created a working environment for women and blacks as well as white men were off fighting in the war. With women and blacks replacing white men in the work force more products were being produced. With the war on two fronts for the United States, it was clear that more product was needed. The work industry produced more goods for the war and the country. However the war consumed more than one-third of the industry output. Although with the high production going on it was clear that sill more goods were needed. The government intervened by trying to find new ways to get goods to the men overseas. With that the government develop wage and price controls and surtaxes, raising funds through war bonds, rationing goods, and compelling industries to work for war