A "War Economy" refers to the economic system that emerges during times of conflict, where resources are redirected to support military efforts. This often involves increased government spending on defense, production of weapons, and mobilization of labor to meet the demands of war. Industries may shift focus from consumer goods to military supplies, impacting civilian life and economic stability. In a war economy, governments may implement measures such as rationing, price controls, and conscription to manage resources effectively. Historical examples include the economies of the United States during World War II and Germany during World War I, where significant changes were made to prioritize wartime needs.