Korean War regained "Line Kansas", just north of the 38th parallel. The UN's "Line Kansas" halt and subsequent offensive action stand-down began the stalemate that lasted until the armistice of 1953. For the remainder of the Korean War the UN Command and the PVA fought but exchanged little territory, as the stalemate held. Large-scale bombing of North Korea continued, and protracted armistice negotiations began 10 July 1951 at Kaesong. On the Chinese side, Zhou Enlai directed peace talks, and Li Kenong and Qiao Guanghua headed the negotiation team. Combat continued while the belligerents negotiated; the goal of the UN Command forces was
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.