Does the economy during and post war improve for citizens making daily lived and expenses easier, or does it make it more difficult? Using WWII as context, one would said improved, no? Just thought it might be a valuable question considering the current state of the world.
Mid-Post War Economy: Improvements or Worsens
byu/-StraightLace ineconomy
Posted by -StraightLace
1 Comment
Well the post-war boom was very specific to the US, their infrastructure was untouched while Europe and Asia were rebuilding from scratch. For countries on the ground of conflict, it’s actually the opposite: destroyed infrastructure, displaced populations, and debt. The ‘war is good for the economy’ only really holds if you’re the one selling, not the one fighting.