Cold War and Its Effects Essay
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The end of the cold war signified a new era of history that has changed the entire world. The face of Europe and Asia has changed dramatically. Vast changes have been felt socially, politically, and especially economically. Also the effect the cold war had on foreign policy was paramount. The effect of these changes is not only felt across the ocean but can be felt here in America. The goal of this paper is to define what the cold war specifically was, and reflect upon the various choices throughout the world as a result of the end of the cold war.
The cold war was a period of time in which the United States was the world power in the western world. The Soviet Union (now Russia) was the leading power in the eastern world. While…show more content…
Sometimes these decisions were not for the well being of other nations that depended on the Soviet Union for support. Nations like Hungary, Bulgaria, and Poland were under Soviet control, but were officially still independent nations.
These extreme opposite viewpoints between the two superpowers caused immense tensions between the two nations and the world. The world was split in two in terms of who to support and which way of life was better. At the height of the cold war in the 1980's, President Reagan had vowed to outspend the Russians. I remember as a child Reagan coming on television and strategically showed the world how we were outspending the Russians. I did not realize at the time the importance of this news conference because two years later the wall fell in Germany and many nations such as Lithuania that were considered part of the USSR had been freed.
Outspending the Russians had consequences both good and bad on the economy here in America. The good thing is that up until black Monday stock prices rose sharply, as the government was spending money subcontracting military applications to private firms such as Boeing, Lockheed, and even investing in the latest computer technology at that time, which the Soviets just could not keep up with.
Interest rates were extremely high in the early part of the 1980's due to Reagan's foreign policy efforts to get rid of communism. The amount of interest rates was
The phrase "the Cold War" refers to a narrative that was intended to and is supposed to summarize how we are to understand a geopolitical reality over the period of time running approximately from 1945 to 1991. This chapter reviews this narrative and what it is supposed to tell us. It tells us that the Second World War was a war that was started by Germany and Japan as aggressor nations that sought to conquer other nations. They did fairly well at first, but then resistance to them grew stronger. In 1941, both the Soviet Union and United States entered the war against Germany, and the coalition took on the name of the United Nations. The three countries in this alliance that were most significant militarily were the United States, Great Britain and the Soviet Union. They were called the "Big Three," and together they won the Second World War.
Keywords: Asia; Cold War; conquer; Germany; Great Britain; Japan; Second World War; Soviet Union; United Nations; United States