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=The Effects of WW2 on Economies of Participating Countries= September 1, 1939 was the start of WW2. It was one of the largest and deadliest wars in history. As is usually the case, such a large scale war had a large effect on the economies of countries all around the world. This page will help to break down the effect that the war had on the various countries who's economies were affected for better or worse.

American Economy
In 1939, at the start of the war, America was still recovering from the Great Depression. Even though the unemployment rate had started to decrease fromm its peak of 24.9% in 1933, the economy was still struggling to get back to its former glory.By 1939 unenployment started to decrease and GDP had risen to 1.375 trillion USD. The USA passed new policies such as the "Lend Lease Act" and "Cash and Carry." These policies America to sell various weapoons, food, and other war materials to allied countries without directly getting involved in the war. This increase in productiton created many new jobs for Americans. The unemployment rate plummeted down to 1.2% by 1944. Furthermore, when the men eventually had to leave to the front lines in 1944, women and African-Americans were able to find jobs that were usually occupied by white men. This would eventually lead to many civil rights movemonts for equality in the workplace between white men, african-americans, and women.

German Economy
After WW1 Germany's economy was in ruin. For years they had been trying to rebuild it. After Hitler came to power in 1933, unemployment began to fall and GDP began to rise. By 1939 Germany's GDP was at 523 Bilion USD and the unemplployment rate was at 0.9%. This took a turn after the war. Much of Germany's infrastructure had been destroyed during air raids and a large portion of men, especially ages 18-35, had died on the fornt. This led to economic trouble causing the Reichsmark, Germany's currency at the time, to fall in value. By 1946 the unemployment rate had risen back to 7.5%