Total war affects countries politically, socially, and economically. Economically, usually foods and products made in the country are rationed and used to make materials for war. Also, wages are controlled by the government, and there is usually a need for more work/ Politically, the leaders of the country will try to enforce the war effort to build up nationalism. This can be done through the use of Propaganda. Governments will also use censorship to block the treasonous from corrupting the people of the war effort. Socially, the people of the nation will become more equal, as many are brought together to help out the country in the work that they do.
In times of war manufacturing is usually increased, so defense contractors, and other contractors can create jobs, and make money. In addition the soldiers are employed by the government so it can help decrease unemployment.
A few examples:
Raw materials and factories will be turned over to manufacturing war goods (tanks, uniforms etc.) thus reducing the production of consumer goods. Shortages can lead to rationing and the rise of the black market. Shortages generally drive up prices.
Foreign trade is likely to be disrupted. Other countries may choose to suspend trade, imports of 'luxuries' will slow down as priority is given to importing raw materials or military equipment. Trading ships may be sunk by the enemy.
If conscription is imposed there will be a knock-on effect on the labour market
Depending on how the war is going, there may be a loss of confidence in the Stock Market.
The government will have to pay the cost of the war - either through borrowing or taxation.
World War 2 destroyed the economy of Europe. The Marshall Plan was setup in order to help rebuild Europe.
The OPA set wages and controlled inflation to help manage the wartime economy.
Their Economy Flourished.
Entrepreneurs help the economy by stimulating consumer spending and creating jobs.
it helps economy flourish
Negatively war generally does not help the economy
it doesnt
collectitation
no
World War 2 destroyed the economy of Europe. The Marshall Plan was setup in order to help rebuild Europe.
The OPA set wages and controlled inflation to help manage the wartime economy.
Unemployment
World War I brought facilities into the state. Facilities brought federal dollars into the state and stimulated the local economy.
To help allies and establish stable economy and political conditions
Technology developed during the war was used for consumer products.
the war in Europe help the U.S by boosting our economy. this happended because when all of the men went over to fight the women had to take over th jobs and this made the economy rise back
World War 2 destroyed the economy of Europe. The Marshall Plan was setup in order to help rebuild Europe.