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The Second World War
In 1939, World War Two began in Europe. The war boosted demand in the United States for products made. As a result of the war, economic development was observed in virtually all sectors of the economy. In order to fulfill the needs of the war, American industries expanded their demand. The U.S. entered the war in 1942 following a Japanese assault on California's Pearl Harbour (Cherny et al., 2005). This war is referred to as the Second Gold Rush, and why the war was a gold rush is mentioned in this article.
The description by historians of World War Two as the Second Gold Rush is undoubtable. In American industries, the war years led to tremendous growth. The aircraft industry, the shipbuilding industry, agricultural production, and ammunition production industries took advantage of the war and grew profoundly in a bid to meet the needs of the war.
The war saw a sudden growth of aircraft production in Southern part of California. “Change was sudden and dramatic”, Cherny writes. There were increased employment and increased wages in the aircraft industry to meet the increasing demand for aircraft during the war years. In the year 1939, the region employed 20,000 workers (Cherny et al., 2005) who produced only a few thousands of planes while by the year 1943 the number of aircraft workers in the region increased to more than 280,300 who produced 100,000 planes that year (Cherny et al., 2005).
According to Cherny et al., “the war’s impact reached beyond aircraft, shipbuilding, and agriculture to several other industries, transforming the state into a powerhouse of heavy industry and creating the foundation for a high-tech post-war economy” (Cherny et al., 2005). They increased their production, funded research, motivated workers through increased wages, and at the end came up with atomic bombs which they dropped on Japanese towns of Nagasaki and Hiroshima. Hundreds of thousands were killed by these bombs, and this was a shock that led to the end of the war.
America took advantage of the war, which could translate to ‘rushing for available gold.' The state made a lot of money from supplying other nations with various commodities needed for the war, and they emerged from the war as a high-tech economy and a superpower country.
Cherny, Robert W., Gretchen Lemke-Santangelo, and Richard Griswold del Castillo. Competing Visions: A History of California. Recording for the Blind & Dyslexic, 2005.
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