38th parallel north This sparked a United Nations resolution against the aggression and the Korean War, with United Nations troops (mostly Americans) helping to defend South Korea. After the Armistice agreement was signed on July 27, 1953, a new line was established to separate North Korea and South Korea. This Military Demarcation Line is surrounded by a Demilitarized Zone. It crosses the 38th parallel, from the southwest to the northeast. The Demarcation Line is often confused with 38th parallel, but as can be seen in the image of the map, the two are not the same. 38th parallel north The 38th parallel north
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,