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 tensions with the Soviet Union, the Korean War further increased it. The Korean War cost the US$30 billion in 1953, which is equivalent to US$341 billion in 2011. During the last year of the war, annual war expenditure comprised about 14.1 percent of GDP. Approximately 34,000 Americans were killed in battle and about another 2,800 died from disease or injury, with total US casualties, which includes dead, wounded, and missing in action, adding up to 139,860. The "Korean War GI Bill" was implemented in 1952, eventually covering veterans between June 27, 1950 and February 1, 1955. It offered the same