Canada in the Korean War done to end the conflict. With the UN's acceptance of India's proposal for a Korean armistice, a cease-fire was established on 27 July 1953, by which time the front line was back around the 38th parallel, and so a demilitarised zone (DMZ) was established around it, defended by North Korean troops on one side and by South Korean, American and UN troops on the other. The DMZ runs north of the parallel towards the east, and to the south as it travels west. The site of the peace talks, Kaesong, the old capital of Korea, was part of the South
Impact of the Korean War on the economy of the United States tensions with the Soviet Union, the Korean War further increased it. The Korean War cost the US$30 billion in 1953, which is equivalent to US$341 billion in 2011. During the last year of the war, annual war expenditure comprised about 14.1 percent of GDP. Approximately 34,000 Americans were killed in battle and about another 2,800 died from disease or injury, with total US casualties, which includes dead, wounded, and missing in action, adding up to 139,860. The "Korean War GI Bill" was implemented in 1952, eventually covering veterans between June 27, 1950 and February 1, 1955. It offered the same