Presenter Information

Chris Constans, Sunset High School

Start Date

2-5-2013 10:30 AM

End Date

2-5-2013 11:45 AM

Description

This investigation will evaluate how U.S. involvement in WWII stimulated the economy allowing America to climb out of economic stagnation and decline. To assess the extent to which the war stimulated the U.S. economy, this investigation will focus on parts of the economy specifically effected by the war, and the U.S. economy as a whole from 1939‐1945. To understand the drastic change in economic growth, Depression era statistic will be referenced for comparison. The investigation will cover macroeconomic topics specifically government spending and the multiplier effect and their effects on GDP. This investigation does not extend to Roosevelt’s New Deal though it will be referenced. Relevant economic theories will be used to support and analyze the evidence. The two sources being evaluated for origins, purpose, limitations, and values are: The Crucial Era by Gerald Nash and The Great Depression and WWII by Thomas Cochran.

Persistent Identifier

http://archives.pdx.edu/ds/psu/9448

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May 2nd, 10:30 AM May 2nd, 11:45 AM

How Did WWII Pull the United States Out of Economic Stagnation?

This investigation will evaluate how U.S. involvement in WWII stimulated the economy allowing America to climb out of economic stagnation and decline. To assess the extent to which the war stimulated the U.S. economy, this investigation will focus on parts of the economy specifically effected by the war, and the U.S. economy as a whole from 1939‐1945. To understand the drastic change in economic growth, Depression era statistic will be referenced for comparison. The investigation will cover macroeconomic topics specifically government spending and the multiplier effect and their effects on GDP. This investigation does not extend to Roosevelt’s New Deal though it will be referenced. Relevant economic theories will be used to support and analyze the evidence. The two sources being evaluated for origins, purpose, limitations, and values are: The Crucial Era by Gerald Nash and The Great Depression and WWII by Thomas Cochran.