![]() Other than policy changes, the war in Vietnam changed the attitudes of a generation. involvement in a war like that in Vietnam. Its passage reflected legislators' desire to restrain presidential power and to prevent U.S. The resolution limited the president's ability to send troops into combat without congressional consent. Congress passed the War Powers Resolution over Nixon's veto in November 1973. The United States ended the military draft and switched to an all-volunteer army. ![]() The Vietnam War spurred many policy changes. Despite the success of many economic policies, the Vietnam War was a important factor in bringing down the American economy from the growth and affluence of the early 1960s to the economic crises of the 1970s. Interest rates rose, restricting the amount of capital available for businesses and consumers. Anti-war sentiments and dissatisfaction with government further eroded consumer confidence. ![]() This means that markets were crashing do to the governments taking all their money. 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, the government's military spending caused several problems for the American economy. ![]() Factories that would have been producing consumer goods were being used to make items for the military, causing controversy over the government's handling of economic policy. The requirements of the war effort strained the nation's production capacities, leading to imbalances in the industrial sector. ![]()
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