Northern Limit Line mainland portion reverted to North Korean control, while the islands remained a part of South Korea despite their close proximity. The line extends into the sea from the Military Demarcation Line (MDL), and consists of straight line segments between 12 approximate channel midpoints, extended in an arc to prevent egress between both sides. On its western end the line extends out along the 38th parallel to the median line between Korea and China. The 1953 Armistice Agreement, which was signed by both North Korea and the United Nations Command (UNC), ended the Korean War and specified that the five islands
Impact of the Korean War on the economy of the United States benefits as the World War II G.I. Bill, including mustering-out pay, financial support for education, home and business loan guarantees, unemployment compensation, and job placement. 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.