Archive Report
Archive Report
Note
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Richard M. Boeckel, Editor
Place of Small Business in National Economy
Decline of Small Business in World War II
During the period of united States participation in World War II, to date, half a million small businesses have disappeared from the American economy. It is generally agreed that postwar conditions of prosperity, and the absorption of eleven million service people into useful employment, require large-scale restoration of suspended businesses and the establishment of many new enterprises, both small and large.
Wartime requirements for rapid production and quick action on war contracts have ...