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$3 billion
- From 1950 until 1954, the United States poured more than $3 billion into the war, bankrolling "more than 80 percent of its material costs" over the four-year period.
en.wikipedia.org/wiki/United_States_in_the_Vietnam_War
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Mar 29, 2022 · Based on the current dollar value, the Vietnam War cost the equivalent of about $1 trillion. The United States pays $22 billion per year in war compensations to Vietnam veterans and their families.
- Kimberly Amadeo
- World War II. U.S. war spending (2019 dollars): $4.69 trillion. Duration: 3 years, 9 months. U.S. military deaths: 405,399. The United States spent more than $4 trillion, or 36% of its GDP, fighting World War II.
- Iraq War. U.S. war spending (2019 dollars): $1.01 trillion. Duration: 7 years, 5 months. U.S. military deaths: 4,410. The conflict in Iraq has cost the United States about $1 trillion.
- War in Afghanistan. U.S. war spending (2019 dollars): $910.47 billion. Duration: Since 2001. U.S. military deaths: 2,285. The United States has been embroiled in an ongoing battle in Afghanistan since 2001.
- Vietnam War. U.S. war spending (2019 dollars): $843.63 billion. Duration: 17 years, 9 months. U.S. military deaths: 58,220. The war in Vietnam cost the United States $843.63 billion in 2019 dollars, or 2.3% of GDP in 1968.
Two decades of military intervention and bankrolling friendly regimes cost the United States almost $US170 billion (close to $1 trillion in today’s terms). These war costs stalled some of Lyndon Johnson’s ‘Great Society’ reforms, including anti-poverty measures and improvements to social security.
- Roots of the Vietnam War. Ho Chi Minh. Vietnam, a nation in Southeast Asia on the eastern edge of the Indochinese peninsula, had been under French colonial rule since the 19th century.
- When Did the Vietnam War Start? The Vietnam War and active U.S. involvement in the war began in 1954, though ongoing conflict in the region had stretched back several decades.
- The Viet Cong. With the Cold War intensifying worldwide, the United States hardened its policies against any allies of the Soviet Union, and by 1955 President Dwight D. Eisenhower had pledged his firm support to Diem and South Vietnam.
- Domino Theory. A team sent by President John F. Kennedy in 1961 to report on conditions in South Vietnam advised a build-up of American military, economic and technical aid in order to help Diem confront the Viet Cong threat.
Oct 7, 2023 · Between 1965 and 1968, American military spending in Vietnam soared, peaking at roughly $85 billion in 1969. Economically, this was beneficial for defense contractors, who were already enjoying strong revenues thanks to the overall Cold War.
- Owen Rust
Following Congress' authorization of direct military action following the Gulf of Tonkin incident in August 1964, military spending began to rise rapidly as the U.S. stationed ground troops...
Jan 7, 2021 · For the Vietnam War and the Persian Gulf War, figures are Department of Defense estimates of the incremental costs of operations, meaning the costs of war-related activities over and...
