U.S. Mobilization for World War II.

In June, 1940, German forces overran France. U.S. industrial mobilization became necessary when large British orders for military supplies were received. European events also aided the Roosevelt administration in passing a number of military appropriations bills. Although more money was becoming available for war production, U.S. industry was reluctant to exploit this market. Conditioned by the static economic situation of the Depression, many capitalists expected such conditions to return after the war.