American military technology during World War II technologies. The M4 Sherman became the standard American military tank in World War II. Due to lack of development before the war leading to inexperience in tank design, the first large scale production of a medium tank was the M3 Lee, built for the US and the British, a compromise design with the main weapon mounted in the hull. It did have a stabilized 37mm gun in the turret, which was effective against antitank guns, able to fire, and hit, even when moving. By contrast, no German tanks had stabilized guns. The M6 series was the first of the heavy
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,