Medium tank Medium tank Medium tank is a classification of tanks, particularly prevalent during World War II which represented a compromise between the mobility oriented light tanks and the armour and armament oriented heavy tanks. The most widely produced, cost effective and successful tanks of World War II (the Soviet T-34, the American Sherman tank, the Japanese Type 97 and the German Panzer IV) were all medium tank designs, and the success of the concept would later lead to the development of later generations of medium tanks such as the Chieftain. Many of the medium tanks lines became what are called main
Impact of the Korean War on the economy of the United States very high and volatile during World War II, averaging 18 percent between 1940 and 1946, the average money growth rate during the Korean War was 4 percent. In response to this growth in inflation, the government implemented price and wage controls. Increases in taxes and new price and wage controls that constrained private sector consumption and investment affected overall material well-being. In the years after the war, consumption and investment continue to be impacted by war as they did not return to pre-war levels. While military spending in the US was high prior to the Korean War due to ongoing