StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

The Cold War and Post-War Economic Recovery - Research Paper Example

Cite this document
Summary
[Instructor Name] The Cold War and Post-War Economic Recovery The cold was a continuing political and military unrest among the Western powers led by the U.S and its allies and the communists led by the Soviet Union. It continued for about 50 years and during such a huge span of time, it had a great impact on a number of culture aspects all around the globe…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.6% of users find it useful
The Cold War and Post-War Economic Recovery
Read Text Preview

Extract of sample "The Cold War and Post-War Economic Recovery"

Download file to see previous pages

The Cold War resulted in an arms race between these two countries which lasted as long as the Cold War did. It was this era when one after another highly destructive nuclear weapons were created by both the U.S and the Soviet Union. This arms race did not only terrorize the people of both the countries but also affected the culture of these nations as well (Sakwa, 1999). After the Second World War European nations were in ruins, many cities turned into piles of dust and economies collapsed. U.

S and Soviet Union were established as the strongest powers of the world and both of them had different views about the post-war Europe and its rehabilitation which resulted in the Cold War. This document enlightens briefly the history of Cold War and its impact on the Post-War Economic Recovery of the nations. Origins of the Cold War The beginning of Cold War was immediately after the successful alliance of the US and the Soviet Union in the war against Nazi Germany. The conflict took place when both the US and the Soviet Union perceived each other as superpowers with their political and economic differences.

Soon after the war ended, the conflicts of opinion and differences started to arise regarding how the post-war Europe should be separated. . Throughout the war, were the times when the atmosphere was relatively calm and there were also times when high tension prevailed between both the countries. Some of the tense periods include the Berlin Blockade that took place between 1948 & 1949, the Korean War which took place between 1950 & 1953, the Cuban Missile Crisis of 1962 and the Soviet war in Afghanistan which took place between 1979 & 1989.

In most of these instances, both the US and the USSR supported rival groups and an indirect war was fought between the two nations. Both sides possessed heavy nuclear weapons that could have caused mass destruction. The use of such weapons was not made due to the same reason. Both the countries provided extensive support to any country that was deemed vulnerable or engaged in proxy wars, development of extensive nuclear weapons, rivalry in economic developments or rivalry in sports events. Attempts were made to get support from neutral nations.

Stiff competition took place in technological development which was represented by engaging in space race. There was a very high risk of destruction of both the superpowers because of nuclear exchange either by accident or mistake however both the countries sought to prevent any direct attack through agreements. Later on, the economic and military pressure on the Soviet Union was increased by the United States as Soviet Union was not so successful in developing its economy. As a result Soviet Union collapsed in 1991 which heralded the end of Cold War leaving US as the most dominant power of the world.

The impact of the Cold War has been quite significant on the American culture and how the post-war economic recovery of the European nations was planned and implemented (Foner, 2009). Post-war Economic Recovery in Europe, Japan

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Cold War and Post-War Economic Recovery Research Paper”, n.d.)
Retrieved from https://studentshare.org/history/1450145-the-cold-war-and-post-war-economic-recovery
(The Cold War and Post-War Economic Recovery Research Paper)
https://studentshare.org/history/1450145-the-cold-war-and-post-war-economic-recovery.
“The Cold War and Post-War Economic Recovery Research Paper”, n.d. https://studentshare.org/history/1450145-the-cold-war-and-post-war-economic-recovery.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Cold War and Post-War Economic Recovery

Was the Marshall Plan an Unqualified Success

Researchers (such as Mee4 and Wexler5 etc) argue in the favour of Marshall plan to have successfully transformed the course of economic recovery in Europe and led those countries on the track of growth.... The phenomenal growth of European economy after the Second World war and the factors effectuating this growth have always remained a debatable issue.... The economies of France and Germany were in ruins Industrial production was recovering but the volume of exports was nothing like adequate to finance the necessary imports to maintain the rate of recovery....
6 Pages (1500 words) Essay

International Economic History since 1870

nbsp; However, the initial success of the newly created financial system depended on the post-war economic recovery especially in the European countries; the USA was almost the only developed country that had a strong and stable economy at the end of 1945.... 4 Despite the fact that over 5 billion dollars had been granted to European nations by 1947, most of these funds were spent on some short-term emergencies and no long term plan of economic recovery had been developed....
11 Pages (2750 words) Report

Stages of Japanese Post-war Economic Growth

economic recovery Phase: 1946-1950The first phase implying the recovery of Japanese economy from the adverse effects of World War II started soon after the year 1945.... After the World War II, the Japanese were able to quickly lead the economy to the tracks of recovery and growth.... However, soon after the downturn in the year 1946, the economy caught the track of recovery.... This recovery and stabilisation period lasted during 1945-50 (139)....
6 Pages (1500 words) Case Study

Britain and the Cold War

There are a variety of factors which may be considered links and This paper shall discuss the extent to which Britain's decline is actually linked to the cold war.... It shall also assess the extent of Britain's responsibility for the emergence of the cold war.... the cold war was characterized by a high degree of tension between the United States and Soviet Union.... the cold war was also responsible for the division of Europe and of Germany....
5 Pages (1250 words) Essay

How World War I Impacted America and the Impact of the Influenza Outbreak of 1918

Consequently, despite the relatively modest contribution to victory on the western front – during the hardest fighting of the war in 1918, the American Expeditionary Force captured 43 300 prisoners and some 1 400 guns – the US received recognition of their power, mainly due to their economic might, as well as the prestige and popularity of Woodrow Wilson (Strachan, 1998).... World war One.... Having become as the “third Balkan war”, the conflict developed into a major war in Europe, with inter-continental implications (Strachan, 1998, p....
4 Pages (1000 words) Essay

Economical Consequences of the Afghanistan Conflict and War

However alternative scholars argue that economic recovery from post-war effects may take a long time than normal (Barro 2004).... This paper aims at analyzing the origin and consequences of war and conflicts in Afghanistan's economy.... From the onset of this war and conflicts, one factor that tends to be very evident is the negative association between conflict and economic development of the whole country.... They have the notion that human capital responds slowly and so low recovery or a country may be trapped in a low equilibrium where conflict and poor performance coexist (Carlisle 2010)....
9 Pages (2250 words) Research Paper

Economic Development of Japan after World War II

This essay talks about the post-war economic redevelopment of Japan with emphasis on the successful reforms, implemented by the government.... This essay presents a comprehensive historical analysis of the reasons behind the Japanese post-war economic miracle.... As it is shown in the essay, Japan economy expanded rapidly owing to the effective economic and foreign relation policies the government formulated and implemented.... Nevertheless, after the war, Japan experienced a rapid economic boom....
5 Pages (1250 words) Essay

Financial Crisis In The Year 2008

Discussion After the World War II, the architects of the post war economic order operated in the context of post war economic power and shadow which was emerging from the cold war period.... In the mid 1990s US embraced financial globalization as the touch stone for the grand strategy in the post cold war period.... Discussion The revolutionary proposition by Keynes was that after a big shock like the collapse of investment there were no forces in the market for automatic recovery (NANCY)....
2 Pages (500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us