North Korea in the Korean War Soviets. Neither dictator was content to remain on his side of the 38th parallel, however, and border skirmishes were common. Even so, the North Korean invasion came as an alarming surprise to American officials. As far as they were concerned, this was not simply a border dispute between two unstable dictatorships on the other side of the globe. Instead, many feared it was the first step in a communist campaign to take over the world. For this reason, nonintervention was not considered an option by many top decision makers. As the North Korean army pushed into Seoul, the South Korean
Impact of the Korean War on the economy of the United States Impact of the Korean War on the economy of the United States The impact of the Korean War on the Economy of the United States refers to the ways in which the American economy was affected by the Korean experience from 1950 to 1953. While the cost of the Korean War was less significant than that of World War II, it still changed the structure of the American growth as a result of its financing. The Korean War boosted GDP growth through government spending, which in turn constrained investment and consumption. While taxes were raised significantly to finance the war,