Tanks in World War II bulldozer blade), the T34 Calliope (mounting a multiple rocket launcher above the turret), the M4A3R3 Flame thrower (flame tank), and the Sherman Crab Mark I (a M4 Medium with a mine flail), as well as many other variants. The United States eventually deployed the Light Tank M24, an improvement over the M3 Light Tank. The M24 had torsion-bar suspension, high mobility, and a compact 75 mm gun. Ergonomically the tank was quite good also. However, the M24 did not appear in combat until December 1944 and equipped only a few units by the end of the war. Near the end
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