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        <title>" THE AFTERMATH OF WAR PRODUCTION "   ECONOMIC IMPACTS OF THE END OF WWI &amp; WWII  74642</title>
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        <description>Support Our Channel : https://www.patreon.com/PeriscopeFilm Created during World War II by Jam Handy Productions, "The Aftermath of War Production" was created to educate the American public and government officials about the potential financial disaster that might occur after the end of WWII, when millions of surplus goods might be dumped on the market, and when millions of people might be put out of work through the cancellation of contracts. According to the film military surplus is an inevitability, but financial disaster and depression is preventable.   Film contains many shots of WWI and WWII factories, raw materials, Rosie the Riveter women at work for the war effort, mining, etc. as well as images of armored vehicles, tanks, aircraft, tooling, and more.  The M-4 tank and M-10 tank destroyers are shown as an example.  2700 were built with 300 being produced per month when production was suspended in 1943, and 25,000 items were left surplus as a result.  17000 tons of steel were left surplus and had to be sold at an average price of $48 per ton. The film discusses the economic impact of the end of World War I and draws parallels to the expected consequences following World War II. It highlights the sudden halt in war production, the surplus of military materials, and the challenges of industrial reconversion. Massive contract cancellations led to excess raw materials, specialized tools, and partially completed military equipment, creating storage issues and economic inefficiencies. The government and industry faced difficulties in repurposing or disposing of these materials while ensuring a smooth transition to peacetime production. The text warns that failure to properly manage this transition could lead to unemployment, economic stagnation, and industrial bottlenecks. It stresses the need for careful planning, trained personnel, and streamlined policies to facilitate the clearance of surplus materials and ensure a prosperous post-war economy for returning veterans and workers. 00:00: The end of World War I brought rejoicing but also economic consequences, with the halt in war production affecting all Americans. 1:40: War production stopped abruptly, leaving surplus tires, guns, trucks, food, and fuel—some repurposed, much discarded, reflecting WWII’s global scale. 2:50: War industries produced vast materials to meet battlefield needs, requiring coordination among suppliers, raw material providers, and manufacturers. 3:36: Contract changes and cancellations led to billions in surplus, causing production inefficiencies and logistical challenges with excess equipment. 5:00: The war effort relied on complex supply chains, with large orders impacting raw material extraction and precision manufacturing. 6:02: Canceled contracts left surplus tanks, steel, tools, and equipment—some sold cheaply, others scrapped at a loss. 8:31: Recovering value from surplus was inefficient; some equipment cost more to dismantle than its scrap worth, and officials struggled to find buyers. 10:14: Contract terminations bottlenecked factories with excess parts and machines, delaying the shift to peacetime production. 12:02: Surplus backlogs, from tanks to bombers, threatened economic recovery by clogging factories with war supplies. 14:01: Without planning, surplus could cause unemployment and stagnation; policies were needed to repurpose goods and avoid disruptions. 15:26: Postwar success hinged on managing surplus to ensure jobs, stability, and prosperity for returning soldiers and civilians. Motion picture films don't last forever; many have already been lost or destroyed. We collect, scan and preserve 35mm, 16mm and 8mm movies -- including home movies, industrial films, and other non-fiction. If you have films you'd like to have scanned or donate to Periscope Film, we'd love to hear from you. Contact us via the link below. This film is part of the Periscope Film LLC archive, one of the largest historic military, transportation, and aviation stock footage collections in the USA. Entirely film backed, this material is available for licensing in 24p HD and 2k. For more information visit http://www.PeriscopeFilm.com Source: https://www.youtube.com/watch?v=XoAsDmTnhpE Mirrored from Periscope Film (https://www.youtube.com/@PeriscopeFilm)</description>
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