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This required the country's leadership to take urgent measures to strengthen the nation's economy, with a primary focus on the defense industries. The Soviet Union's war effort in World War II began when the Soviet Union was invaded on the 22 of June 1941. The Soviet Union was at a disadvantage from the very beginning.
Zinc and aluminum coins minted in Germany and occupied territories during World War II (18 P, 2 F) Pages in category "Economic history of World War II" The following 22 pages are in this category, out of 22 total.
A temporary war economy can also be seen as a means to avoid the need for more permanent militarization. During World War II, U.S. President Franklin D. Roosevelt stated that if the Axis powers won, "we would have to convert ourselves permanently into a militaristic power on the basis of war economy." [3]
The Wages of Destruction: The Making and the Breaking of the Nazi Economy. New York: Viking. ISBN 978-0-670-03826-8. Turner, Henry A. (1985). German Big Business and the Rise of Hitler. Oxford University Press. Further reading. Abt, Parker (2017). "The Nazi Fiscal Cliff: Unsustainable Financial Practices before World War II".
The whaler on HMS Sheffield being manned with an armed boarding party to check a neutral vessel stopped at sea, 20 Oct 1941. The Blockade of Germany (1939–1945), also known as the Economic War, involved operations carried out during World War II by the British Empire and by France in order to restrict the supplies of minerals, fuel, metals, food and textiles needed by Nazi Germany – and ...
Hayato Ikeda meeting Dodge (right) in 1948. The Dodge Line or Dodge Plan was a financial and monetary contraction policy drafted by American economist Joseph Dodge for Japan to gain economic independence and stamp out inflation after World War II. [1]
The Stabilization Act of 1942 (Pub. L. 77–729, 56 Stat. 765, enacted October 2, 1942), formally entitled "An Act to Amend the Emergency Price Control Act of 1942, to Aid in Preventing Inflation, and for Other Purposes," and sometimes referred to as the "Inflation Control Act", [1] was an act of Congress that amended the Emergency Price Control Act of 1942.
After World War II, many countries adopted policies of economic liberalization in order to stimulate their economies.. The period directly after the war did not see many, the most notable exception being West Germany's reforms of 1948, which set the stage for the Wirtschaftswunder in the 1950s and helped inform many of the liberalisations that were to come.