Korean War U.S. colonels Dean Rusk and Charles H. Bonesteel III were tasked with dividing the Korean Peninsula into Soviet and U.S. occupation zones and proposed the 38th parallel. This was incorporated into the U.S. General Order No. 1 which responded to the Japanese surrender on 15 August. Explaining the choice of the 38th parallel, Rusk observed, "even though it was further north than could be realistically reached by U.S. forces, in the event of Soviet disagreement ... we felt it important to include the capital of Korea in the area of responsibility of American troops". He noted that he was "faced
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