GLOBALIZATION : THE COLD WAR

WHY THE COLD WAR IS IMPORTANT TODAY?

The Cold War is so important today because it has helped shape our lives
today. It stopped Communism gaining power in The West and helped create
many friendships. The Cold War was caused when the Allied forces broke up.
The Communists and Capitalists disputed over land and power

WHERE DID THE COLD WAR STARTED?

In June 1950, the first military action of the Cold War began when the Soviet-
backed North Korean People's Army invaded its pro-Western neighbor to the
south. Many American officials feared this was the first step in a communist
campaign to take over the world and deemed that nonintervention was not an
option.

WHAT WAS THE GLOBAL SIGNIFICANCE OF COLD WAR?

The Cold War was important because it split the world into two rival sides that
came into conflict with each other in a number of places around the world.
This conflict has left us with, among other things, a huge aresenal of nuclear
weapons, particularly in the US and in Russia. The Cold War is the name
given to the relationship that developed primarily between the USA and the
USSR after World War Two. The Cold War was to dominate international
affairs for decades and many major crises occurred the Cuban Missile Crisis,
Vietnam, Hungary and the Berlin Wall being just some.

WHAT DO YOU THINK THE CAUSE OF COLD WAR?

Historians have identified several causes that led to the outbreak of the Cold
War, including: tensions between the two nations at the end of World War II,
the ideological conflict between both the United States and the Soviet Union,
the emergence of nuclear weapons, and the fear of communism in the United
States.
Causes of the Cold War
- It was caused by the rivalry between the U.S. and USSR.
- It was waged on political and economic grounds, however, and no
weapons were used.
- The U.S. was capitalistic whereas the Soviets favoured communism.
- For a long time, Stalin refused to join the United Nations.

WHAT ARE THE MAIN ISSUES IN THE PERIOD OF COLD WAR? ITS
LEGACIES
The Cold War has had many effects on society, from the end of the war up
until today. In Russia, military spending was cut dramatically and quickly. The
effects of this were very large, seeing as the military-industrial sector had
previously employed one of every five Soviet adults and its dismantling left
hundreds of millions throughout the former Soviet Union unemployed. After
Russia embarked on economic reforms in the 1990s, it suffered a financial
crisis and a recession more severe than the United States and Germany had
experienced during the Great Depression.Russian living standards have
worsened overall in the post–Cold War years, although the economy has
resumed growth since 1995.It wasn't until 2005 that the average post-
communist country had returned to 1989 levels of per-Capita GDP,although
some are still lagging far behind.The legacy of the Cold War continues to
influence world affairs. After the dissolution of the Soviet Union, the post–Cold
War world is widely considered as unipolar, with the United States the sole
remaining superpower.The Cold War defined the political role of the United
States in the post–World War II world: by 1989 the United States held military
alliances with 50 countries, and had 1.5 million troops posted abroad in 117
countries.The Cold War also institutionalized a global commitment to huge,
permanent peacetime military-industrial complexes and large-scale military
funding of science.