America 1970s : Effects of WW2 Flashcards
Why was the war positive for industrialists ?
Roosevelt offered a lot of work
How much was spent per day by 1945 ?
$250 million
What % of contracts went to how many firms ?
80% went to 100 firms
What was the Lend lease ?
The USA loaned out necessary weapons and equipment to allies and get payed back later
How many tanks did the USSR receive ?
7,000
In total, what was the value of everything lent during the lend lease ?
$50.1 billion
Why was the lend lease positive for the economy ?
Began a cycle of prosperity as production was required, constant stream of money being returned (after 1945)
How much did farm income increase by ?
250%
How many women had joined the workforce in armament by 1944 ?
7 million
How many black Americans found work in armament factories ?
2 million