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 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,