Negative Effects
As mentioned above with Germany and its struggle to effectively allocate resources during World War I, many countries have experienced the negative effects of converting to a war economy. The citizens of any nation going to war must realize that their standard of living will decrease in order to provide more materials for the troops.
Read more about this topic: War Economy
Famous quotes containing the words negative and/or effects:
“The idealist’s programme of political or economic reform may be impracticable, absurd, demonstrably ridiculous; but it can never be successfully opposed merely by pointing out that this is the case. A negative opposition cannot be wholly effectual: there must be a competing idealism; something must be offered that is not only less objectionable but more desirable.”
—Charles Horton Cooley (1864–1929)
“Corporate America will likely be motivated to support child care when it can be shown to have positive effects on that which management is concerned about—recruitment, retention and productivity. Indeed, employers relate to child care as a way to provide growth fostering environments for young managers.”
—Dana E. Friedman (20th century)