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The US could do all that because they removed the free market from the economy. Everything was turned into a planned economy to feed the war effort. Free market
by FranzFerdiNaN 5y ago
The US could do all that because they removed the free market from the economy. Everything was turned into a planned economy to feed the war effort. Free markets would have completely failed in this case.
- WalterBright 5y agoUm, the government contracted with and paid private companies to produce armaments, because B-17s are of no use to consumers.