"In its best prewar year, Europe with almost 300 million people had a gross national product of 150 billion dollars. In that same year, the United States with 150 million people had a gross national product of 300 billion dollars"

This quote by Paul Hoffman highlights the plain economic distinctions in between Europe and also the United States in the pre-war age. It suggests that the United States had a much greater gross national product (GNP) than Europe, in spite of having a populace that was half the size. This implies that the United States was far more financially prosperous than Europe at the time. This might be as a result of a selection of variables, such as the United States' more advanced commercial facilities, its larger as well as a lot more diverse economic climate, or its much more reliable use of sources. Whatever the cause, this quote works as a tip of the financial variations in between Europe and the United States in the pre-war era.