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Title: pre war, wartime and keynesianism

Essay Details

Subject: History
Author: Monica H
Date: January 13, 2013
Level: University
Grade:
Length: 9 / 2607
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

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The war is credited with reversing record unemployment numbers, and for its increases in American industrial might, but as is the case with all wars of recent memory, long-term economic issues such as inflation arise. This is a trend that is followed in the years after World War II, the Korean War and the Vietnam Conflict to the detriment of the economy’s financial stability...

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This is a trend that is followed in the years after World War II, the Korean War and the Vietnam Conflict to the detriment of the economy’s financial stability. While wars have a beneficial short-run effect on the economy, they often leave behind a trail financial woes that monetary experts have to sort through years after they are over...

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