Terms And People Flashcards
Capitalism
an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.
Communism
Communism is a type of government and philosophy. Its goal is to form a society where everything is shared equally. All people are treated equally and there is little private ownership.
Iron Curtain
Imaginary barrier that divided Soviet-Controlled communist countries from Western democratic nations
Containment
was an American initiative to aid Europe and Asia, in which the United States gave $13 billion in economic support to help rebuild European economies after the end of World War II.
Berlin Airlift
Joseph Stalin blockaded West Berlin
No vehicles or troops could get into city
The U.s lead via Air
NASA
The National Aeronautics and Space Administration (NASA) is the United States government agency responsible for the civilian space program
Marshall plan
Plan by Us to give billions of dollars and aid to Europe