impact of ww2 on economy Flashcards
1
Q
what happened to unemployment
A
it dissappeared by 1942
2
Q
how many businesses were closed during the ear
A
300,000
3
Q
how ,may new businesses where set up during the war
A
500,000
4
Q
give an example of a company set up during the war
A
coca cola, wrigleys gum
5
Q
when was lend lease introduced
A
1941
6
Q
what was the lend lease
A
the usa lent the allies money, army transport to fight the nazis, which would b epayed back after the war.
7
Q
how much lend lease was shipped overall
A
$50.1 billion
8
Q
benefits of the lend lease
A
allowed usa to ecenomically benefit whilst everyone else was not (above the rest), provided long term income post war
9
Q
what did the gnp grow from/to
A
$91.3 billion in 1939 to $166.6 billion in 1945
