2007-09-20 14:32:07 · 5 answers · asked by SolarWind 4 in Social Science ➔ Economics
War stimulates economic activity as do natural disasters, so if you a thinking in terms of the business cycle the answer is yes. But it is economic growth that improves the livings standards of people, and war destroys resources, and productive capacity, so it is a big negative.
2007-09-20 21:01:00 · answer #1 · answered by meg 7 · 2⤊ 0⤋
War definitely increases wages: many young men get called away from their regular civilian jobs and someone has to replace them. War definitely creates many new jobs: somebody has to produce guns, ammunition, tanks, jeeps, military airplanes, ships, and all kinds of other things.
2007-09-20 15:39:28 · answer #2 · answered by Theodore H 6 · 0⤊ 0⤋
it depends, sometimes yes, sometimes no.
WWII was a major reason why our economy got back on our feet. but then look at the iraq war we're currently in -- it's putting our country waist deep in debt.
2007-09-20 14:49:24 · answer #3 · answered by Anonymous · 2⤊ 1⤋
It worked in WWII. But right now we are spending a ridiculous amount on it, that is slowly declining our economy. I would fire Bush If he was my banker.
2007-09-20 15:57:48 · answer #4 · answered by Juan A 2 · 1⤊ 1⤋
definately not. We are creeping closer and closer to the edge of economic disaster.
2007-09-20 14:40:33 · answer #5 · answered by Anonymous · 0⤊ 1⤋