how much did ww2 cost britain

By Robert B. Bryce, . During World War II, 100,000 London homes were destroyed and over one million houses suffered damage. Resulting in 1 reichsmark being equivalent to 0.0992556 British pounds, or 1 British pound being . A good answer would list of couple of fighters, describe their production costs and explain where the data is from and how reliable it is. So, to answer the question "what were the costs of various military tools? Adjusted for inflation to today's dollars, the war cost over $4 trillion. The war in the Pacific turned against Japan during the Battle of Midway (June 36, 1942), an American victory that destroyed the Japanese first-line carrier force and, together with the Battle of Guadalcanal, ended Japans ability to prosecute an offensive war. Nominally, this was a trading company, but its main activity was the funding of government debt. However, given that it took 15,000 man-hours to build a Spitfire 1A and 9,000 to build a Bf 109E, it seems that BF109 was a vastly better plane: Germany should have been able to field 5 bf109's for every 3 Spits. The U.S.A. spent the most on the war, just over 340 billion dollars. Skip to main content Parramatta History and Heritage. On September 7, 1940, 300 German bombers raid London, in the first of 57 consecutive nights of bombing. In the middle between the most expensive and least expensive aircraft produced between 1939-1941 is the "Boeing B-17", priced at $301,221, costing about $4,677,477 in today's money. Adjusted for inflation to today's dollars, the war cost over $4 trillion. World War I cost more money than any previous war in history. British Colonies: 125,000,000: Others: In comparison, the cost to build a Mustang was around $50k. Britain can now refinance the 4% Consuls at more favorable terms to the taxpayer, and so it will pay off a tiny amount . 22,625,253,000. Wartime expenditures during the Second World War 1939-1945: Price value of the arms production in 1940 and 1941 in Billion U.S. dollars. The heaviest proportionate human losses occurred in eastern Europe where Poland lost perhaps 20 percent of its prewar population, Yugoslavia and the Soviet Union around 10 percent. One in ten of all deaths that occurred during the war were children. In the first stages of war, the Germans carried out many bombings of towns and cities in Poland (1939), including the capital Warsaw (also bombed in 1944), with Wielu being the first city destroyed by 75%. [11] The crisis was depicted by the right-wing press as a national humiliation, with Chancellor Denis Healey being forced to go "cap in hand" to the IMF.[12]. Hull was the target of the first daylight raid of the war and the last piloted air raid on Britain. The debt was to be paid off in 50 annual repayments commencing in 1950. By the end of the conflict Britain's debt exceeded 200 percent of GDP, as it had done after the end of the Napoleonic Wars. The U.S.A. spent the most on the war, just over 340 billion dollars. The statistics on World War II casualties are inexact. The cost of war By the start of the Second World War in 1939, considerable spending on increasing Britain's military capacity had already taken place. Contents 1.1.1 Estonia. Please note that I am not talking about monetary cost (e.g., 9,500 for a Spit vs RM42,900 for a bf109 - how do you compare currencies in the absence of trade?) After the war the debt gradually decreased as a proportion of GDP, but in the 1970s, following a Sterling crisis, the British government was forced to seek help from the International Monetary Fund (IMF). The best answers are voted up and rise to the top, Not the answer you're looking for? Human and material cost of World War II - Britannica How Much did a WWII Airplane Cost the US to Build in Today's Money Share Improve this answer Follow edited Apr 4, 2019 at 16:54 sempaiscuba 76.9k 15 300 354 This is the only source we've been able to find that matches the 3.7 trillion figure referenced in the viral image. Japan attacked the American naval base at Pearl Harbor, Axis initiative and Allied reaction: The outbreak of war, The Allies first decisive successes: Stalingrad and the German retreat, summer 1942February 1943, Axis initiative and Allied reaction: Japanese policy, 193941, atomic bombings of Hiroshima and Nagasaki, The Allied landings in Europe and the defeat of the Axis powers: The German collapse, spring 1945, The Allied landings in Europe and the defeat of the Axis powers: Costs of the war, World War II: Pacific Theatre of Operations, Winston Churchill, Harry Truman, and Joseph Stalin. The tide of the war in Europe shifted with the Soviet victory at the Battle of Stalingrad (February 1943). This week we finally honour in full our commitments to the US and Canada for the support they gave us 60 years ago, Ed Balls, the economic secretary to the Treasury, said last night. China also lost an astounding 20,000,000 people during the conflict. BRITAIN'S MILITARY COSTS DURING THE SEVEN YEARS' WAR (May 2010) Jeremy Land, B.S., Appalachian State University . The port cities of Bristol, Cardiff, Portsmouth, Plymouth, Southampton, Swansea, Belfast, and Glasgow were also bombed, as were the industrial centres of Birmingham, Coventry, Manchester and Sheffield. The Cruel Cost Of The Blitz: How Did Britons Rebuild Their Lives Browse other questions tagged, Start here for a quick overview of the site, Detailed answers to any questions you might have, Discuss the workings and policies of this site. What were the cost of comparable aircraft? Belgium and the Netherlands suffered damage roughly in similar proportions to their resources. Though World War Two lasted fewer than four years, World War Two was the most expensive war in the history. What risks are you taking when "signing in with Google"? Plus, the BF109's narrow landing gear led to a high number of takeoff and landing accidents. On 31 December 2006, Britain made a final payment of about $83m (45.5m) and thereby discharged the last of its war loans from the US. Over the next four years, the U.S. Army, Navy, Air Force, and Marines engaged both the Japanese forces in the Pacific while at the same time joining the Allied forces in Europe against Adolph Hitlers invading armies in Germany and Benito Mussolinis fascist regime in Italy. toes! The equivalent in reichmarks was 95,000 RM, which according to the data in your question was more than double the cost for a Messerschmitt Bf109 which was 42,900 RM. Parramatta History and Heritage. Poland, for its part, had guarantees of French and British military support should it be attacked by Germany. The British Army's role was pivotal, but victory came at a price. 22,293,950,000. On September 2, the Japanese High Command formally surrendered aboard the battleship USS Missouri in Tokyo Bay. Costs of Major US Wars - Navy Great Britain, which escaped the ravages of occupation, suffered heavily from the German aerial blitz of 194041 and later from V-bombs and rockets. After the Second World War, the UK didnt get direct payments from Germany as reparations. How much did ww2 cost the US? During World War II, the reichsmark had a nominal exchange rate of 2.50 rm to US $1. When comparing military equipment, little attention is paid to cost, at least in the popular resources (obviously, military establishments pay close attention to how much they are paying!). Which countries did Germany not invade? Europe By 1945, however, colonies were an expensive liability for Clement Attlee's newly elected Labour government. Why Do Cross Country Runners Have Skinny Legs? How much did WW2 cost Britain? Adjusting for inflation, World War II cost over $4.1 trillion, according to 2010 figures from the Congressional Research Service. We also havent seen evidence that Germanys debt to the UK, or the cost of war damage incurred by the UK, was worth 3.7 trillion. The Cost of Victory | The National WWII Museum | New Orleans For example, the MG39 and MG 42 were several times more expensive and took much longer to produce than the Bren. What was the most bombed English city in ww2? Learn about Allied and Axis leaders, the Allied invasion of Normandy, and the dropping of atomic bombs, View the mass migration of German refugees, as the Soviet army advances into East Prussia, January 12, 1945, Witness struggles of Europeans lacking food and shelter after World War II, Discover the life of the refugees and displaced people migrating from East to West Germany after World War II, Forces and resources of the European combatants, 1939, The Baltic states and the Russo-Finnish War, 193940, The war in the west, September 1939June 1940, The invasion of the Low Countries and France, Italys entry into the war and the French Armistice, The Atlantic and the Mediterranean, 194041, Pearl Harbor and the Japanese expansion, to July 1942, Developments from autumn 1941 to spring 1942, Allied strategy and controversies, 194042, The Germans summer offensive in southern Russia, 1942, The Solomons, Papua, Madagascar, the Aleutians, and Burma, July 1942May 1943, Montgomerys Battle of el-Alamein and Rommels retreat, 194243, Stalingrad and the German retreat, summer 1942February 1943, The invasion of northwest Africa, NovemberDecember 1942, The Atlantic, the Mediterranean, and the North Sea, 194245, The Eastern Front, FebruarySeptember 1943, The Southwest and South Pacific, JuneOctober 1943, The Allied landings in Europe and the defeat of the Axis powers, Developments from autumn 1943 to summer 1944, Sicily and the fall of Mussolini, JulyAugust 1943, The Allies invasion of Italy and the Italian volte-face, 1943, The western Allies and Stalin: Cairo and Tehrn, 1943, The Eastern Front, October 1943April 1944, The war in the Pacific, October 1943August 1944, The Burmese frontier and China, November 1943summer 1944, Developments from summer 1944 to autumn 1945, The Allied invasions of western Europe, JuneNovember 1944, Allied policy and strategy: Octagon (Quebec II) and Moscow, 1944, The Philippines and Borneo, from September 1944, The German offensive in the west, winter 194445, The Soviet advance to the Oder, JanuaryFebruary 1945, The end of the Japanese war, FebruarySeptember 1945. In 1720, a bill was passed making the South Sea Company responsible for the entire national debt.

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