Korean War June, the North sent three diplomats to the South as a peace overture that Rhee rejected outright. On 21 June, Kim Il-Sung revised his war plan to involve a general attack across the 38th parallel, rather than a limited operation in the Ongjin Peninsula. Kim was concerned that South Korean agents had learned about the plans and that South Korean forces were strengthening their defenses. Stalin agreed to this change of plan. While these preparations were underway in the North, there were frequent clashes along the 38th parallel, especially at Kaesong and Ongjin, many initiated by the South. The Republic
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,