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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. 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. In this paper, the World War II, Korean War and the Vietnam War will be looked at...
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