The main reason why Thomas Paine questioned British authority to rule the colonies in common sense was because the colonies were not allowed to have representation in Parliament, which he viewed as tyrannical.
The entry of the United States into World War II brought a positive impact on the economy of the country. The unemployment rate decreased significantly after this action.
EXPLANATION:
Furthermore, there are other impacts of involvement of the United States into World War II:
1. Economic Impact of Government Spending
The role of the U.S. government in the war and post-war not to replace private companies, but to start. Without an invasion of deficit-financed government expenditure, American industry would not be able to place the foundation for wealth that occurred after the war. At that time, economists worried that the US would fall into recession or other depression after the war ended in 1945, but the opposite was true.
2. Impact of the Shift to a Peacetime Economy
In the war, the U.S. economy was a directive economy, prices were controlled and many consumer goods were not generated or had limited supplies. Food products were restricted and there was often a lack of everything from milk to nylon. No new cars were manufactured and many industries and companies were taken control by the government for the war endeavor. When the war ended, the command economy and the government's influence on the economy also declined.
3. Impact of Returning Soldiers and the GI Bill
Economists at that time worried about dramatic unemployment as soon as American soldiers got back home after the war. An award-winning economist in the future predicted that the employment prospects would be so terrible that they would make an "epidemic of violence." However, it did not happen due to a combination with a GI Bill that sent past GIs back to school to get a college degree.
4. Impact on American Consumer Spending Habits
Americans who were used to skimping and saving during the Depression and overcoming deficiencies and rationing in the war were ready to use a sum of money on consumer goods. Historians state that economic retrieval depended on Americans buying pieces of machinery that would support them improve their lives such as new equipment, cars, and other new goods such as television that appeared on the market. Buying things for the home was seen as more pragmatic than pampering and that was a good message to send to new families who grew up depressed and skimped on war.
LEARN MORE
If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:
1. What was one economic effect of World War II? brainly.com/question/12560958
Keywords : World War II, American economy
Subject : History
Class : 10-12
Sub-Chapter : American History