The Economic Impact.
The Vietnam War cost the United States 58,000 lives and 350,000 casualties. It also had several effects on the U.S. economy. The requirements of the war effort strained the nation's production capacities, leading to imbalances in the industrial sector. Factories that would have been producing consumer goods were being used to make items from the military, causing controversy over the government's handling of economic policy. In addition, the government's military spending caused several problems for the American economy. The funds were going overseas, which contributed to an imbalance in the balance of payments and a weak dollar, since no corresponding funds were returning to the country. In addition, military expenditures, combined with domestic social spending, created budget deficits which fueled inflation. Anti-war sentiments and dissatisfaction with government further eroded consumer confidence. Interest rates rose, restricting the amount of capital available for businesses and consumers. Despite the success of many Kennedy and Johnson economic policies, the Vietnam War was an important factor in bringing down the American economy from the growth and affluence of the early 1960s to the economic crises of the 1970s.
http://www.historycentral.com/sixty/Economics/Vietnam.html
Vietnam Economy
Before the US-Vietnam war (1959-1975), Vietnam had a highly centralized economy based on Marxist economic planning. After the war, Vietnam adopted a broad economic trend called 'Doi Moi' (Renovation) to recover from the ravages of the war, the loss of financial support from the Old Soviet Bloc. Later in 1986, the Communist regime changed its economic policy and moved towards the reform of the private sector similar to that seen in China. Since then Vietnam economy has improved, visible in its GDP growth that grew at the rate of 8 % annually from 1990 to 1997.The trend continued from 2000-2002 at a rate of 7 percent. All this led to changes in the Vietnam economy and made it the world's fastest growing economy. It also resulted in between one and two million Vietnamese deaths.
http://www.asiarooms.com/en/travel-guide/vietnam/vietnam-overview/vietnam-politics-and-economy.html
http://www.historycentral.com/sixty/Economics/Vietnam.html
Vietnam Economy
Before the US-Vietnam war (1959-1975), Vietnam had a highly centralized economy based on Marxist economic planning. After the war, Vietnam adopted a broad economic trend called 'Doi Moi' (Renovation) to recover from the ravages of the war, the loss of financial support from the Old Soviet Bloc. Later in 1986, the Communist regime changed its economic policy and moved towards the reform of the private sector similar to that seen in China. Since then Vietnam economy has improved, visible in its GDP growth that grew at the rate of 8 % annually from 1990 to 1997.The trend continued from 2000-2002 at a rate of 7 percent. All this led to changes in the Vietnam economy and made it the world's fastest growing economy. It also resulted in between one and two million Vietnamese deaths.
http://www.asiarooms.com/en/travel-guide/vietnam/vietnam-overview/vietnam-politics-and-economy.html