HIST 2401 Lecture Notes - Economic Nationalism, War Production Board, Security Dilemma
29 Aug 2014
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From 1940, america is engaged in an atlantic war with german warships. Germans declared war on americans two days after the attack on pearl harbor. The japanese expansion leads them close to the philippines. America decides to cut off japanese oil supplies as they expand. The americans responded to the second world war by helping the british. Roosevelt drew on the precedent of the first world war. He had the administrative legacy of the new deal. Established the war production board, and it was put in the hands of donald nelson (sears, By 1944, the depression was done because they were able to borrow money. There was massive mobilization of resources by the. American poured enormous amounts of money into the west coast. Much of the structure of post-war american economics was the golden age economically; product of government intervention. The servicemen"s readjustment act (1944) gi bill is one where that those who fought in the war were reimbursed.
