User:Mcanessa1/sandbox

Spending
Government spending increased from 8.0% of GNP under Hoover in 1932 to 10.2% of GNP in 1936. Roosevelt balanced the "regular" budget the emergency budget was funded by debt, which increased from 33.6% of GNP in 1932 to 40.9% in 1936. Deficit spending had been recommended by some economists, most notably John Maynard Keynes in Britain. Roosevelt met Keynes but did not pay attention to his recommendations. After a meeting with Keynes, who kept drawing diagrams, Roosevelt remarked that "He must be a mathematician rather than a political economist". John Keynes approach to the great depression could have been a solution. His method was to keep the feds spending as much as they could even on random purchases but the money had to keep moving. It is believed that if America went through with John Keynes plan the Great Depression could have been avoided entirely. The Feds started to spend more when President Roosevelt came into office as the federal government doubled income tax rates in 1932. Total government tax revenues as a percentage of GDP shot up from 10.8% in 1929 to 16.6% in 1933. Higher tax rates tended to reduce consumption and aggregate demand. Spending would go up and America would get out of the great depression when World War II happened after Japan’s attack on American forces in Pearl Harbor in December of 1941 led to much sharper increases in government purchases, and the economy pushed quickly into an inflationary gap.

Agriculture
Tractors appeared on farms and farmers began using automobiles and trucks to haul produce. Combined harvester-threshers reduced labor cost 85% compared to using binders and stationary threshers. Farms have decreased in the United States. The number of farms in the U.S have decreased from 7 million in the 1930s to just a little over 2 million in 2000. The rate of decline was most rapid in 1950s-1960s, the reason for this was because of the increased innovation in farms where new technology was able to create more product which resulted in the need for fewer farms. Also during the 1950s-1960s people moved from the bigger cities and farms to more suburban areas so these smaller farms would be sold and people would move closer to cities. People also could not afford the new technologies to help them farm so bigger farms would be very successful during this time, while smaller farms would close.

Aircraft and air transportation industries
Air transport was a major beneficiary of the war. The United States was the leading producer of combat aircraft during World War II and had a large surplus of machine tools and manufacturing facilities for airplanes at the end of the war. There were also experienced airplane manufacturing and maintenance personnel. Additionally, radar had been developed just before the war.

The aircraft industry had the highest productivity growth of any major industry, growing by 8.9% per year from 1929-1966.

During World War 2 the United States hired hundreds of thousands of workers put them all in 4 major factories and had a government budget of over 3 billion dollars which would be have been 50,024,489,795.92 dollars in 2017. The B-29 project required the US Army Air Forces to have unprecedented organizational capabilities as this project included several major private contractors and labor unions. American aircraft production was the single largest sector of the war economy, costing $45 billion (almost a quarter of the $183 billion spent on war production), employing a staggering two million workers, and, most importantly, producing over 125,000 aircraft.

Production of Selected U.S. Military Aircraft (1941-1945) Bombers	49,123 Fighters 63,933 Cargo	14,710 Total	127,766

Mcanessa1 (talk) 01:44, 28 November 2018 (UTC) Mcanessa1 (talk) 19:31, 4 December 2018 (UTC)