HIST 2055 Chapter : History Summer 2011 Wartime
Document Summary
The mobilization of the war time definitely broke the hold of the great depression pulls united states out of the great depression this war produces a wave of prosperity. 60 thousand war planes franklin asked for instead 300 thousand were produced the united states could produce ships faster than german uboats/ submarines could sink them. 50 million pairs of shoes shows the willingness of the government to work with big business the nations gross national product and budget increases with the war set up price administration. Roosevelt"s decides on a compromise to use taxation and borrowing the revenue act of 1942 added billions of new tax payers to the rolls and raised taxes to the wealthy taxation paid for about 45% of the war"s cost. Wartime society massive impact on american society the first was the massive movement of people. Americans were on the move like never before about 15 million americans changed their county of residence after pearl harbor.