ABSTRACT
During the Second World War, Argentina underwent quantitative and qualitative changes of enormous significance. The first impact of the international conflict over its economy was negative, because transport difficulties reduced the purchases of foreign buyers and made provision of semi-finished industrial imputs almost impossible. But after a couple of years everything began to be produced locally, at whatever cost, stimulating new investment and intensive use of existing capital stock. This unexpected and unplanned protection widened the gamut of locally produced goods, and the earnings of industrialists, among whom a large group of new entrepreneurs was generated, all of them threatened by the Damocles sword of the end of the war.
