How Did Ww2 Affect The American Economy

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As the American economy was gradually recovering thanks to the New Deal, Roosevelt decided to increase interaction with neighboring countries. When the Second World War began, Roosevelt saw it as an opportunity to increase production and boost America’s economy. During the 1930 to 1940s, the production of munitions greatly increased. The Second World War significantly increased American economic interaction with South America, Great Britain, and Canada. This lead to greater relations between Latin America and a faster victory as U.S. citizens began to see a shift in economic, political, and social ideals. When World War II began in Europe, Roosevelt initially intended on staying out of the war. Neutrality Acts were passed throughout …show more content…

During the war, Canada provisioned England with food, ammunitions, medical supplies, and other armaments without charge. During the Second World War, the Canadian Navy became the third largest in the world and escorted the convoys of supplies across the North Atlantic. As supported by historian Edward O. Gurrant, Canada greatly financed the Allies, contributing about three billion dollars to Great Britain. Canada and the United States cooperated closely in the Second World War as both nations were determined to defeat the Axis Powers. On August 1940, Canada’s Prime Minister William L. M. King and Franklin D. Roosevelt formed the Permanent Joint on Defense. When the U.S. entered the war, the Canadian aircraft industry supplied some of training aircrafts and flying boats the U.S. needed. Although relationships between Canada and the U.S were bitter prior to the war, it drastically improved post war. As stated by Roosevelt, “Our closest neighbors are good neighbors”. In stating so, he infers that it would only prove to be beneficial to the U.S. if it improves relations with its neighboring countries. As seen through the media, Canadians became deeply familiar with the United States during the Second World War. During the war, many United States citizens wanted to join Canadian air force, while Canadians wanted to join the U.S. army. During the Italian Campaign in 1943, the first Canadian infantry division advanced into the mainland of Italy and played a major role in pushing Germans back to Ortona. Over 76,000 Canadian soldiers fought alongside the Allies in Italy and played a major role in the campaign's success. Therefore, without the cooperation and military contribution of Canada during the war, the Second World War would not have ended as successfully as it

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