What was the impact of the war on the US economy?

America officially entered the second world war after a shocking attack from the Far East as Japan crushed the US base at Pearl Harbor in Hawaii. On 7th December 1941, a gulf of Japanese planes blasted the American fleet at anchor. The US vowed revenge on the treacherous and murderous onslaught as they promptly declared war on Japan the very next day. America were at war. Although America had been severely crushed by the attack on …

…weapons and sources of ammunition definitely worked in their favour. As America's cities, farmlands, oil wells and mines were undamaged, is it any wonder they were the only country to have come out of the war richer and without any economic harm? All in all, the second world war was a key factor in the turning events of America's economic state into one which has never been equaled by any country. America had struck gold.