Korean War has since been patrolled by the KPA and ROKA, United States, and Joint UN Commands. The Demilitarized Zone runs northeast of the 38th parallel; to the south, it travels west. The old Korean capital city of Kaesong, site of the armistice negotiations, originally was in pre-war South Korea, but now is part of North Korea. The United Nations Command, supported by the United States, the North Korean People's Army, and the Chinese People's Volunteers, signed the Armistice Agreement on 27 July 1953 to end the fighting. The Armistice also called upon the governments of South Korea, North Korea, China and
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