Wednesday, June 10, 2015

WWII and Depression and WWII

[N]ot only did the war rescue the American economy from the Depression; no less significant, the Depression had in turn poised the economy for phenomenally rapid conversion to war production.
David M. Kennedy, Freedom from Fear: The American People in Depression and War, 1929-1945 (New York: Oxford Univ. Press, 1999), ch. 18

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