BUSINESS IN 1943: Problems of Plenty

BUSINESS IN 1943

>Aircraft plant equipment had increased 40 times.

>Aluminum capacity had increased sevenfold.

>Steel capacity had increased 15%—in an industry that had operated for six out of ten prewar years at half capacity or less.

>Machine tools had been produced in three times the volume of all ten prewar yean; put together.

>Shipyards had been expanded to produce at 80 times the prewar rate.

But these were only items. The great overmastering economic fact of 1943 was that the U.S. had boosted its 1939 production by a thundering 100%.

In 1929 this industrial machine...

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