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WW2: The Resource War - Arsenal of Democracy - Extra History - Part 1

📜 WW2's Resource War - Part 1 - Extra History European economies were so closely connected that some people expected they have to avoid another world war or destroy their finances, but in fact World War I had taught them how to prepare for just such a scenario. Germany, France, and Great Britain all invested in their military before war broke out. When evaluating these economies to see how war would affect them, we look at four main factors: GDP, population, territorial extent, and per capita income. Broadly, this helps us determine how resilient, expansive, self-sufficient, and developed a nation is. All of those factors determine how a nation must conduct its war. For example, the vast territorial holdings of the British Empire meant that they had vast resources to draw upon but needed a long time to mobilize them, which helped Germany determine that they needed to strike fast and win big if they hoped to win the war before Britain's full resources came into play. Japan also estimated that they could win a war in the Pacific if they managed to win before the US had been involved for more than 6 months. These calculations drove the early strategies of the Axis powers, but the participation of the US would later prove to be a crucial factor. BONUS! Economies of Japan and China before WWII: GDP (Bn USD-1990) I Japan - 169.4 I Japanese Colonies - 62.9 I China (exc. Manchuria): 320.5 POPULATION (mil) I Japan - 71.9 I Japanese Colonies: 59.8 I China (exc. Manchuria): 411.7 TERRITORY (thous sq.km) I Japan - 382 I Japanese Colonies - 1602 I China (exc. Manchuria): 9800 AVG ANNUAL WAGE (USD-1990) I Japan - 2,356 I Japanese Colonies - 1,052 I China (exc. Manchuria) - 778 From: “The Economics of World War II: Six Great Powers in International Comparison” by Mark HarrisonBuy the book! http://amzn.to/1oxvdKQ * Watch Extra History ad-free & get 1-week early access on NEBULA https://go.nebula.tv/extrahistory * Suggest & Vote on our next episodes, get exclusive content & 24-hour early access on PATREON https://bit.ly/EHPatreon * Show off your fandom with MERCH from our store! http://extracredits.store/ Interested in sponsoring an episode? Email us: [email protected] TWITTER: http://bit.ly/ECTweet I FACEBOOK: http://bit.ly/ECFBPage INSTAGRAM: http://bit.ly/ECisonInstagram I TIKTOK: https://bit.ly/ECtiktokz GAMING:    / @extracredits   I TWITCH: https://bit.ly/ECtwitch Miss an episode in our Resource War Series? Part 1 -    • WW2: The Resource War - Arsenal of De...   Part 2 -    • WW2: The Resource War - Lend-Lease - ...   Part 3 -    • WW2: The Resource War - The Engines o...   Part 4 -    • WW2: The Resource War - Strategic Bom...   Why doesn't this series use the Nazi swastika symbol? James explains: http://bit.ly/1Pzy1k5 Thanks for the high-quality conversations & for following our community guidelines here: https://bit.ly/ECFansRNice Artist: Scott DeWitt I Writer: James Portnow I Voice: Daniel Floyd I Editor: Carrie Floyd ♪ Extra History Theme by Sean & Dean Kiner I ♪ Music by Demetori: http://bit.ly/1EQA5N7 #ExtraHistory #WW2 #History