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War and the economy - Coggle Diagram
War and the economy
Growth of new industries
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Example is the production of the B29 Boeing Superfortress bomber which delivered atomic bombs in Japan in Aug 1945
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New nuclear industry formed an increasingly important part of the US defence history and provided-powered electricity
125,000 aircraft was produced during the war - 2m employed
Project cost $2bn and employed more than 100,000 in facilities like Oak Ridge, Tennessee, New Mexico and Los Alamos
US developed Liberty Ships which could be built in days - 5772 merchant ships were built costing $13bn
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Most important naval ship built was aircraft carrier which helped defeat German U boats in the Battle of the Atlantic
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war industries stimulated development of electronics, radio communications, new methods of construction and weaponry - greater interdependence between US industry, government and military production
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Women and the war effort
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Others were involved in male-dominated industries like welding, machining, building aircrafts and repairing tanks
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During the war over 200,000 women were disabled permanently and 37,000 died working in explosive factories
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350,000 women served in the armed forces, thousands became nurses
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black American women were able to get work through the FEPC but they received even less than white women
100,000 women joined the Women's Army Corps
Indepence women had through earning money was short-lived - expected to give up wartime work once the war ended leaving jobs open for returning armed servicemen
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Stats
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By 1947 US was producing 57% of worlds steel, 43% of electricity and 62% of world's oil
Between 1941-5 national income, wealth and industrial production more than doubled
Collapse of unemployment
War saw a drop in wealth inequality - share of national wealth owned by the top 5% dropped from 23.7% to 16.8% during the war
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