The Economics of War: When Explosions Ripple Through Wallets - Janhvi Anjana

The Economics of War: When Explosions Ripple Through Wallets War. It’s been reshaping the world since forever, and not just with trenches and treaties, but the real impact digs much deeper—right into our pockets. We might think the battlefield is where the action happens, but in reality, the economic explosions are just as loud. History’s Roller Coaster Let’s hop into a time machine, back to the days of World War II. It’s 1940, and the world is engulfed in conflict. Factories in countries across Europe and North America have been converted to churn out military equipment—tanks, planes, and weapons roll off production lines instead of cars and consumer goods. Women, previously confined to domestic roles, are stepping into factories as men go off to fight. Sounds like an economic miracle, right? Well, sort of, everyone’s got a job, unemployment dropped, and industries boomed as men went off to fight and women filled their roles in factories. The hidden cost? Govern...