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Who funded Vietnam in the Vietnam War?

Posted on November 10, 2022 by Author

Who funded Vietnam in the Vietnam War?

North Vietnam was supported by the Soviet Union, China, and other communist allies; South Vietnam was supported by the United States, South Korea, the Philippines, Australia, Thailand, and other anti-communist allies.

How much money did the Vietnam War make?

4. Vietnam War. The war in Vietnam cost the United States $843.63 billion in 2019 dollars, or 2.3\% of GDP in 1968.

Was communism contained or expanded after the Vietnam War?

In the end, even though the American effort to block a communist takeover failed, and North Vietnamese forces marched into Saigon in 1975, communism did not spread throughout the rest of Southeast Asia. With the exception of Laos and Cambodia, the nations of the region remained out of communist control.

How much money did America spend on the Vietnam War?

In the United States, the effects of the Vietnam War would linger long after the last troops returned home. The nation spent more than $120 billion on the conflict in Vietnam from 1965-73; this massive spending led to widespread inflation, exacerbated by a worldwide oil crisis in 1973 and skyrocketing fuel prices.

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How much money was invested in the Vietnam War?

Approximately 58,000 American soldiers were killed and another 153,000 were wounded. During the Vietnam War, the USA spent $828 billion on its military. From 1965, it was spending more than $50 billion per year. The additional spending to fund the USA’s involvement in Vietnam has been estimated at $111 billion.

How much did the Civil war cost in today’s money?

Military Costs of Major U.S. Wars

Years of War Spending
Civil War: Union Current Year $ Constant FY2008$ 1861-1865 3,183 million 45,199 million
Civil War: Confederacy Current Year $ Constant FY2008$ 1861-1865 1,000 million 15,244 million
Spanish American War Current Year $ Constant FY2008$ 1898-1899 283 million 6,848 million

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