SOURCE: Norwich University's Master of Arts in Military History program
9-20-16
tags: Infographic of the Week, Cost of US Wars
Read entire article at Norwich University's Master of Arts in Military History program
comments powered by Disqus
9-20-16
Infographic of the Week: The Cost of U.S. Wars Then and Now
Rounduptags: Infographic of the Week, Cost of US Wars
Though it lasted fewer than four years, World War II was the most expensive war in United States history. Adjusted for inflation to today’s dollars, the war cost over $4 trillion and in 1945, the war’s last year, defense spending comprised about 40% of GDP. During that time, the government used new methods to raise the required funds and succeeded in accomplishing its goal. While the wars waged in today’s world are significant and costly, they still pale in comparison to the size and financial impact of World War II.
The following infographic, created by Norwich University’s Online Master of Arts in History Program, takes a closer look at the wars of the 21st Century and how they stack up to the wars of our past.
comments powered by Disqus
News
- How the US Government Used Comics to Inform Americans About the Holocaust
- Virginia's Governor Took Away the Most Important Piece of Protest Art in the Country. What Should He Have Done?
- Congressional Commission Unveils Proposal to Rename Bases Honoring Confederates
- The Forgotten School Gun Massacre in Stockton, CA
- An Exclusive Look at the New WWI Memorial