United States in the Korean War United States in the Korean War At the conclusion of World War II the Allied nations began the process of disarmament of Axis controlled regions. Japan occupied Korea at this time and had been in control since 1910. In 1945, the decision was made to have American Marines forces oversee Japanese surrender and disarmament south of the 38th parallel and the Soviet Union would facilitate the change of power to the north. At the time there was no political motivation and seemed to be a logical and convenient plan of action. The original agreement and intent was to create a
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