ABSTRACT

Economic Warfare To wage economic warfare is to organize one’s own economy so that it can produce the armaments and food necessary to carry the war through to victory. At the same time, it harms the enemy’s economy so that it cannot produce the armaments and food necessary for its own victory. Although the term came into use only in the 1930s, eco­ nomic warfare is as old as war itself, in that even the most primitive ancient economy had to pro­ duce shields and spears and food.