Troy in the Cold War: Difference between revisions
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However, the city's reliance on the defense industry also made it vulnerable to changes in the political and economic climate. When defense spending was reduced in the 1970s and 1980s, many of the companies in Troy that were dependent on the industry were forced to downsize or close, resulting in job losses and economic decline. | However, the city's reliance on the defense industry also made it vulnerable to changes in the political and economic climate. When defense spending was reduced in the 1970s and 1980s, many of the companies in Troy that were dependent on the industry were forced to downsize or close, resulting in job losses and economic decline. | ||
In 2009, the city of troy passed general legislation giving qualifying cold war veterans exemption from paying property taxes up to 10% of the assessed property value but not exceeding $8,000. The legislation further states that any veteran with a disability who receives aid from the department of veteran affairs shall be exempt from taxation by 50% of the assessed property value but not | In 2009, the city of troy passed general legislation giving qualifying cold war veterans exemption from paying property taxes up to 10% of the assessed property value but not exceeding $8,000. The legislation further states that any veteran with a disability who receives aid from the department of veteran affairs shall be exempt from taxation by 50% of the assessed property value but not exceeding $40,000. [4] | ||
=Sources= | =Sources= |
Revision as of 21:31, 17 March 2023
Troy in the Cold War
Troy, New York is a city located in Rensselaer County, in the east-central part of New York State. During the Cold War, the city played a significant role in the United States' defense industry and in the overall national security efforts of the country.
History
Troy was a thriving industrial city in the 19th and early 20th centuries. It was an important manufacturing center for iron, steel, textiles, and other products. During World War II, the city's industrial capacity was put to use in support of the war effort, producing military equipment and supplies.
After the war, the city continued to be an important hub for manufacturing, and this capacity made it an ideal location for the production of defense equipment during the Cold War. In the 1950s and 1960s, the city's economy became increasingly tied to the defense industry.
Role in National Security
Troy was home to a number of companies that produced military equipment, including Watervliet Arsenal, which was established in 1813 and is still in operation today. During the Cold War, Watervliet Arsenal produced a variety of military equipment, including tanks, howitzers, and artillery shells.
The city was also home to the Knolls Atomic Power Laboratory, a research facility that played a key role in the development of nuclear propulsion systems for the U.S. Navy. The laboratory was established in 1946, and by the 1960s it employed more than 3,000 people.
In addition to these facilities, Troy was also home to several other companies that produced defense equipment and supplies, including the Norton Company, which produced abrasives and grinding wheels for use in the manufacture of military equipment.
Impact on the City
The defense industry had a significant impact on the city of Troy during the Cold War. The industry created a large number of jobs, which helped to fuel the city's economy. The city's population grew during this time, as people moved to the area to take advantage of the job opportunities that were available.
However, the city's reliance on the defense industry also made it vulnerable to changes in the political and economic climate. When defense spending was reduced in the 1970s and 1980s, many of the companies in Troy that were dependent on the industry were forced to downsize or close, resulting in job losses and economic decline.
In 2009, the city of troy passed general legislation giving qualifying cold war veterans exemption from paying property taxes up to 10% of the assessed property value but not exceeding $8,000. The legislation further states that any veteran with a disability who receives aid from the department of veteran affairs shall be exempt from taxation by 50% of the assessed property value but not exceeding $40,000. [4]