cold war vocab Flashcards
Cold War
50-year, non-fighting was between countries with communist and 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 and who gets what-laissez-faire
Cold water
Mixed Market Economy
some private and some government ownership. A mix between command and market economies
Ex.USA, Great Britain, Canada
Containment
stop the spread of communism
Truman Doctrine
U.S. will help any country resisting communism
Marshall Plan
US plan to rebuild Europe after WWII
Berlin Blockade
Soviets cut off access to west Berlin
Berlin Airlift
US and Great Britain dropped supplies in West Berlin during the Berlin Blockade
Berlin Wall
Soviet-built wall dividing West and East Berlin
NATO
American military alliance against the soviet union and warsaw pact
Warsaw pact
Soviet Military Alliance the USA and NATO
Korean War
Containment operation in Korea 1950-1953
DOMINO Theory
If one country falls to communism, others will too, they wil fall like dominos
Arms Race
Competition for the most destructive weapons