Japanese tanks of World War II M4 Sherman medium tank. Originally, the next tank in development to replace the Type 1 Chi-He was the Type 4 Chi-To medium tank. However, the development of the Type 4 Chi-To was delayed, and a "stopgap tank" was needed. Development of the Chi-Nu started in May 1943 and was finished by October. The low priority given tanks, along with the raw material shortages meant that the Type 3 did not enter production until 1944. It was the last design based directly on Type 97 lineage. The Chi-Nu retained the same chassis and suspension of the Chi-He, but with a new
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,