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Although certain societies, especially nomadic raiders and mobile cavalry societies such as the Mongols, specialized in providing war-effort-like support for their armies, the idea of a specialized war effort that diverted supplies, means of production, and people to military support came into general use only with the increased specialization of the Industrial Revolution.
A war economy or wartime economy is the set of preparations undertaken by a modern state to mobilize its economy for war production. Philippe Le Billon describes a war economy as a "system of producing, mobilizing and allocating resources to sustain the violence."
Thus, effectively mobilizing economic resources to support the war effort is a complex process, requiring superior coordination and productive capability on a national scale. [19] Importantly, some scholars have argued that such large scale mobilization of society and its resources for the purposes of warfare have the effect of aiding in state ...
Russia can sustain its war effort in Ukraine “for another two or three years” but will have to sacrifice “quality for quantity” as it replaces destroyed or damaged weapons with older ...
The war bonds were debt securities that would be issued by the government to finance the military operations and defense mechanisms during the time of a war. In practice, war can be financed through the creation of a fresh money supply adding additional money to the financial system and the function of these bonds were to help to control the ...
By 1943, 37% of the Australian GDP was directed at the war effort. Total war expenditure came to £2,949 million between 1939 and 1945. [49] The Curtin Labor Government took over in October 1941, and energised the war effort, with rationing of scarce fuel, clothing and some food. When Japan entered the war in December 1941, the danger was at ...
The United States home front during World War II supported the war effort in many ways, including a wide range of volunteer efforts and submitting to government-managed rationing and price controls. There was a general feeling of agreement that the sacrifices were for the national good during the war.
Biden’s effort to rush more aid to both nations is being complicated by chaos in the House of Representatives, which is paralyzed by the divided Republican Party’s failure to elect a new ...