Tanks in the Japanese Army Army in World War II. Intended to be a heavier, lengthened, more powerful version of Japan's sophisticated Type 4 Chi-To medium tank, in performance it was designed to surpass the US M4 Sherman medium tanks being fielded by the Allied forces. It was to be powered by a "Kawasaki Type 98 800 HP engine Ha-9-IIb" detuned for the tank to 550 hp. Originally, the tank was to be fitted with the same Type 5 75 mm tank gun used on the Type 4 Chi-To. Eventually, an 88 mm gun (based on the Type 99 88 mm AA Gun) was planned
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