ECO 120 Study Guide - Final Guide: Planned Economy
Document Summary
It explains how different economic systems and their structure either helped or hindered production during war times. Axis and allied powers axis was made up of germany, japan, and italy while the allied powers were made up of the united states, the ussr, etc. Economic structures capitalist (us), bureaucracy (germany), command economy (ussr) Use of labor: allied powers utilized their full labor force and produced with long term goals, germany failed to utilize women, relied on labor in concentration camps, and was focused on short-term production. Harrison points to the distinct differences between the allied powers" growth of their munitions and germany"s. Germany spent more money growing its military while the allied powers spent more on building up their weapon supply. Additionally, the ussr and the usa have greater resources (oil, coal, etc. ) to pull from than germany (and its conquests). Germany also is fighting a two-front war so they have to split their resources.
