Cold War lesson 8 Flashcards
Cold war
•50-year, Non-fighting war between
countries with Communist & Mixed
Economies
Communism (Command Economy)
•Government completely controls the economy NO PRIVATE OWNERSHIP OF ANYTHING HOT WATER EX: SOVIET UNION, North Korea, China, Cuba
Capitalism (Market Economy)
•Private ownership of everything—buyers and
sellers decide what gets made & who gets
what—laissez-faire
• COLDWATER
Mixed Market Economy
•some private & some government ownership
A mix between command & market economies
EX: USA, Great Britain, Canada
Containment
•Stop the spread of Communism
Truman Doctrine
•The U.S. will help any country resisting Communism
Marshall Plan
•U.S. Plan to Rebuild Europe after WWII
Berlin Blockade
•Soviets cut off access to West Berlin
Berlin Airlift
•U.S. & Great Britain dropped supplies into West
Berlin during the Berlin Blockade
Berlin Wall
•Soviet-built wall dividing East and West Berlin
NATO
•American Military Alliance against The Soviet
Union &Warsaw Pact
Warsaw Pact
•Soviet Military alliance against The U.S.A & NATO
Korean War
•Containment operation in Korea—1950-1953
DOMINO THEORY
•If one country falls to communism, others will
too.
They will fall “like dominos.”
Arms Race
•Competition for the most destructive weapons
Brinkmanship
•Living on the edge of all-out nuclear war
M.A.D. (Mutually Assured Destruction)
Part of Brinkmanship that prevented a nuclear war
• Both Sides knew that no one would win in a
nuclear war—everyone would be killed
Cuban Missile Crisis
• Soviet Union tried to put nuclear missiles in
Cuba to use against the USA
• Almost resulted in nuclear war
Space Race
•Competition for most
advanced space technology
Sputnik
•World’s first satellite—launched by U.S.S.R.
Dwight Eisenhower
•U.S. President—1953-1961
Prosperity
•Living well; a high standard of living
Joseph McCarthy
•Senator who accused many of being
Communists in America
McCarthyism
•Publicly accusing people of disloyalty without
evidence
