The Cold War was of overriding importance during the period after World War II for all of the following reasons except
A) It was an automatic "pump primer" which helped keep spending levels high in the overall economy.
B) It helped fuel growth of key sectors of the economy, such as aircraft manufacturing and computers.
C) It fostered economic growth and urbanization in many parts of the nation where military bases and defense factories were built.
D) It put people to work who would otherwise have been unemployed because without high levels of defense spending, the economy almost certainly would have lapsed back into a depression like the one of the 1930s.

Question

Quizplus · Accepted Answer

The Cold War indeed stimulated economic growth in various sectors and regions due to defense spending and technological advancements. However, the assertion that without this spending, the economy would have certainly lapsed back into a depression like that of the 1930s, is not accurate. This overlooks other factors that contributed to post-war economic stability and growth, such as the Marshall Plan, consumer spending increases, and broader industrial expansion beyond just defense-related industries.

The Cold War Was of Overriding Importance During the Period