Wars are very taxing on a nation, economically. They can provide some good to the economy- like employ a higher labour force participation rate- and also lower unemployment to create a very patriotic nation. WW3 for example would cost a fortune and the country could become worse off than it actually was due to a quandry. Any other comments on wars and wars in the future?
Wars are very taxing on a nation, economically. They can provide some good to the economy- like employ a higher labour force participation rate- and also lower unemployment to create a very patriotic nation. WW3 for example would cost a fortune and the country could become worse off than it actually was due to a quandry. Any other comments on wars and wars in the future?
slight problem with that statement wel urrr you see what would happen if you were to win the war you would have more land so you could chrge more taxes.
I f you lost you would get finnancial aid from allies and if you dont have any you will hve an economical disater so ther are really three posiblities of what could happen.