The 60's In America

The Sixties in America

The sixties were very turbulent age and had a great impact on the cultural, political, economic and neighborly future of the United States. This change came about through a lot of violence and some very strong grasps for peace. The character of the United States would never be the same. The peaceful times of the fifties would not return for years.
The Vietnam War had a prominent return on the United States economy. The war in Vietnam lasted approximately cardinal years. The initial relationship began when American advisors went to southeastward Vietnam to help fulminate their growing army. Vietnam had been under the ruling of France until 1954 when it was defeated by communist forces led by Ho Chi Minh. Vietnam was then dissever by the Communist North and Anti-Communist South. The idea was to help South Vietnam stay a democratic nation. The United States factories that made consumer goods had to raise products for the military during the war. This caused controversy because the government was controlling industry. The war finances were going overseas, but no funds were returning to the U.S., thus, creating a weak dollar.
The government spent about $170 billion, or $700 billion in todays money, on the Vietnam War.



rising prices increased vastly because of military spend and domestic kind spending or welfare. As the governments lies to familiarity were unveiled, people lost confidence in buying American goods. During the war, interest rates increased, which made it hard to make a profit running a business (History Central). The immense spending of the war without increasing taxes caused federal debt and inflation that ravaged the American economy and eroded living standards from the late 1960s to the mid-nineties (Postwar Impact of Vietnam). The war most likely led to the dilapidation of the economy in the 1970s and the decreased value of a dollar post-1960s.
Not only did The Vietnam conflict affect the Unites States economy,...If you postulate to get a full essay, order it on our website: Ordercustompaper.com



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