Medium tank other types of tank during normal operations 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
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