Economic consequences of the cold war

x2 Social. Sri Lanka experienced a bloody civil war between the government and the Tamils.The Tamils attempted to fight for their independence and an independent state in the north of the island. Economic. During the 1980's-90's, Central America dealt with a deep recession caused by a large budget deficit. Political. Social. Sri Lanka experienced a bloody civil war between the government and the Tamils.The Tamils attempted to fight for their independence and an independent state in the north of the island. Economic. During the 1980's-90's, Central America dealt with a deep recession caused by a large budget deficit. Political. Economic Aspects of the Cold War, 1962-1975 Richard N. Cooper Harvard University US objectives during the Cold War were to prevent Soviet attacks on the United States and its allies and to prevent the spread of communism as a political and economic system to other countries, whether by force or by threat, subversion, persuasion, or bribery. Soviet Invasion of Czechoslovakia, 1968. On August 20, 1968, the Soviet Union led Warsaw Pact troops in an invasion of Czechoslovakia to crack down on reformist trends in Prague. Although the Soviet Union's action successfully halted the pace of reform in Czechoslovakia, it had unintended consequences for the unity of the communist bloc.Sep 21, 2021 · United States. Cold war encouraged the growth of nuclear capabilities in America. People got chances to have their won economic decisions as a result of democratic localism which was enforced. This made growth in economy, and subsequent capitalism renewal. The Americans prospered as a result of freedom in many aspects of their lives. The end of the Cold War and the geopolitical changes in Europe. The late 20th century was a time of major geopolitical upheaval in Eastern Europe. The fall of the Berlin Wall in November 1989 put an end to the Cold War and the divisions that dated back to the Second World War. ... Economic and military structures such as Comecon (the Council ...The Cold War shaped American foreign policy and political ideology, impacted the domestic economy and the presidency, and affected the personal lives of Americans creating a climate of expected conformity and normalcy. By the end of the 1950's, dissent slowly increased reaching a climax by the late 1960's. How did the Cold War affect US economy?Second, the Cold War also helped to make economic life harder. Because of the Cold War, the Soviet Union had to spend a great deal on its military. ... When combined, these effects helped to cause ...With Caracas itself caught in the throes of political and social unrest, Cuba has no choice but to normalize relations with the US. And so it is. There will be three primary changes that will emerge from the thawing of the last vestiges of the Cold War: 1) Tourism. Already underway, Cuba's tourism sector is poised to soon become the top ...Psychologically, the Cold War led to some less than desired psychological affects. The World, and to a greater extent the populous of The United States and Russia lived in fear of impending nuclear doom. The psyche of citizens in the United States during the Cold War was unstable, there was an overwhelming sense of Fear, Powerlessness, and ...The Cold War was a global event with political, social and economic ramifications. The post-Cold War world continues to be shaped by these effects. The Cold War ... North Korea relied heavily on Soviet trade and financial aid so the dissolution of the USSR in 1991 had dire effects on its economy, triggering major shortages and widespread famineJul 16, 2015 · The effects of the cold war on Africa can be seen in different aspects. Africa was caught up in the cold war between the Soviet Union and America. However, the impact of the cold war among the African countries differed. For instance in South Africa, the government of the white minority was haunted by communism. THE COLD WAR The Cold War was the longated tension between the Soviet Union and the United States of America. It started in the mid 40's after WWII had left Europe in shambles and Russia and the USA in superpower positions. The Cold War was a clash of these supergiants in political, ideological, military, and economic values and ideas.The Marshall Plan in the Cold War was a strategy to turn former WW2 enemies into allies by rebuilding their shattered economies. One of the enduring myths of early Cold War history involves the so-called Marshall Plan laid out by Secretary of State George Marshall in 1947. With Western Europe in economic ruin, some American policymakers suggested that massive injections of aid were necessary ...Aug 16, 2020 · Economic Impact of the Cold War. Introduction. The cold war developed an overriding impact on many facets of American humanity for much of the second half of the 20 th century. It intensified due to the antagonism between major societal classes. The rivals escalated the cold war among the representatives of capitalism and democracy, the United ... The Cold War had very significant effects on the cultural, politicalas well as the economic development of the United States. The warstimulated cultural development by laying the foundation forinnovation in the music industry as well as the methods used byartists in conveying an influential message that can change peopleperception on various ...New York: Bantam Books, 1959. A post-apocalyptic world is held together by the lingering memories of the past, preserved by an order of monks in the New Mexico desert. This is an intriguing novel that examines the moral, physical, and political consequences of nuclear weapons and nuclear war. Schute, Nevil.Chapter 33 1- Discuss the recent major effects of growing political, economic, financial, and cultural integration.2- Discuss the role of religious belief and its relationship to politics in the contemporary world.3- Discuss the way in which technology has contributed to the process of global interaction, especially in historical context and ...Cohen examines the motives and consequences of Pakistan's Cold War involvement, and its relationship with the United States and other Western allies. ... economic, and ideological consequences of ...Compare and contrast the political and economic effects of the cold war on Western Europe with the effects on Eastern Europe. In World War II, the triple alliance was formed between the United States, Great Britain and the Soviet Union to bring peace and end the deadly battle in Europe. This desperate alliance began to unravel as WWII ended in 1945. . Europe split into two separate parts ...The war resulted in the death of empires and the birth of nations, and in national boundaries being redrawn around the world. It ushered in prosperity for some countries, while it brought economic ...Biden now characterizes the U.S.-China conflict as "a battle between the utility of democracies in the twenty-first century and autocracies.". But the logic underpinning the U.S. trade war was flawed, and the more recent, politically driven restrictions are counterproductive given the damaging long-term economic consequences for both sides.Priya Chacko's outstanding chapter, on Indian economic policies, investigates the role US economic aid had in India during the first two decades of the Cold War and how this aid buttressed a focus on industrial-led growth, in predominantly urban areas, that ultimately crashed, with domestic and international consequences.Mar 24, 2020 · Some effects of the Cold War included a stagnant Russian economy, a large loss of life and an increased chance of nuclear war. Tensions created by the superpowers during the Cold War remained high after the war ended. Millions of people, both civilians and military personnel, lost their lives in Korea, Vietnam and in other parts of the world ... COLD WAR ,EMERGENCE OF TWO POWER BLOCK, FACTORS LEADING TO THE COLLAPSE OF SOVIET UNION(1985-1991), AND CONTEMPORARY WORLD HISTORY. The Cold War was a state of political and military tension after World War II between powers in the Western Bloc (the United States, its NATO allies and others) and powers in the Eastern Bloc (the Soviet Union and its allies in the Warsaw Pact).For the entire Cold War period, 1948-1989, real military purchases cumulated to a total of $7,051 billion—equivalent to nearly $10 trillion in 1992 dollars—averaging $168 billion per year. There was, obviously, substantial fluctuation: the standard deviation was $44.6 billion. The trend was slightly upward.Perhaps the most obvious consequence of the Korean War was the near total devastation of North Korea's economic and agricultural infrastructure. The United States dropped more than 250,000 bombs on Pyongyang, the capital of North Korea, alone, according to the Public Broadcasting Service. Bombing obliterated much of the country's agricultural ...Effects Today from the Cold War. T he legacy of the Cold War continues to influence world affairs today. Many of the economic and social tensions that were exploited to fuel Cold War competition and agendas. Even so, many of aspects of the Cold War existed psychologically through imagination and speculation. Technology and mass media only ...Gorbachev and the End of the Cold War. This op-ed was reprinted in Beirut, Lebanon's The Daily Star on April 25, 2006, as "The Man Who Preferred a Soviet Whimper to a Dying Bang". The Soviet collapse was due to the decline of communist ideology and economic failure. This would have happened even without Gorbachev, writes JOSEPH S. NYE.Effects of the Cold War. The Cold War was a time of hostility that went on between the Soviet Union and the US from 1945 to 1990. This rivalry between the United States and the Soviet Union lasted decades and created a result in anti communist accusations and international problems that led up to the two superpowers to the brink of nuclear ... The consequences of harsh economic sanctions against Russia are already being felt across the globe. WSJ's Greg Ip joins other experts to explain the signifi...The Cold War was the outcome of a conflict between communism and capitalism, two resisting world-views. Another origin of the construct up to the Cold War was the intransigent mind-set of both sides. The Soviet Union was exceedingly worried about its security after having been invaded two times in the twentieth century.Was the world made safe for democracy by the U.S. actions during the Cold War? Historians generally date the Cold War from the end of World War II to the collapse of the Soviet Union in 1991. It refers to the intense rivalry for world domination between the United States and its allies on one hand and the Soviet Union and other communist countries on the other. While there were no direct ...Last Name 1 Name: Instructor’s name: Course code: Date: Reasons and effects of the Cold War Ideological divergences between US and USSR served as the foundation for the cold war as their economic and political ideologies were opposed to one another. The economic history of the United States is about characteristics of and important developments in the U.S. economy from colonial times to the present. The emphasis is on productivity and economic performance and how the economy was affected by new technologies, the change of size in economic sectors and the effects of legislation and government policy.Psychologically, the Cold War led to some less than desired psychological affects. The World, and to a greater extent the populous of The United States and Russia lived in fear of impending nuclear doom. The psyche of citizens in the United States during the Cold War was unstable, there was an overwhelming sense of Fear, Powerlessness, and ...This project was completed in August 1998 and resulted in the book Atomic Audit: The Costs and Consequences of U.S. Nuclear Weapons Since 1940 edited by Stephen I. Schwartz. These project pages are…Diplomatic politics and rhetoric impinge less on African actualities than they seem to do. Independence cannot alter overnight the basic economic facts of life, nor the economic habits and alignments on which the very existence of the government machine depends. In this context, words like "socialism" and "Communism" have to be redefined.May 20, 2019 · The Global Consequences of a Sino-American Cold War. What started as a trade war between the United States and China is quickly escalating into a death match for global economic, technological, and military dominance. If the two countries' leaders cannot manage the defining relationship of the twenty-first century responsibly, the entire world ... Effects and Consequences of the war:On both France and Algeria. Ater eight years of fighting, the Algerian war finally came to an end in 1962. The main and most important consequence of this was the decolonisation of Algeria, and the creation of the Country Algeria. of course, there were many more consequences for both nations.Aug 16, 2020 · Economic Impact of the Cold War. Introduction. The cold war developed an overriding impact on many facets of American humanity for much of the second half of the 20 th century. It intensified due to the antagonism between major societal classes. The rivals escalated the cold war among the representatives of capitalism and democracy, the United ... The Political And Economic Consequences Of The Cold War. The Cold War began as World War II came to an end. After the war, each one of the Big Three (United States, Soviet Union, and Great Britain) had different concerns about the structure of the postwar world. Joseph Stalin, the leader of the Soviet Union (Union of Soviet Socialist Republics ... The Soviet-American combat, known as the "Cold War" hung heavy over global affairs for more than forty long years; structuring the world with extensive military buildups, an unceasing nuclear arms rivalry, intensive surveillance, and relentless technological emulations. Further elaborated are the causes and repercussions of this menacing fracas drawn upon the world by the two superpowers; the ... The Cold War in Asia. In October 1949, the Communist party, led by Mao Zedong, came to power in China. The Communists had been fighting the Chinese Nationalists since the 1920s, and although the civil war ended in 1937 because of the war against Japan, the fighting between Communists and Nationalists resumed in 1946.March 21, 1947: Domestic repression intensifies, one of the worst of the consequences of the Cold War. Truman requires loyalty investigations of all federal employees and forbids government employment to Communists and Communist sympathizers, bot h ironically Stalinist, anti-democratic, unconstitutional actions. For the entire Cold War period, 1948-1989, real military purchases cumulated to a total of $7,051 billion—equivalent to nearly $10 trillion in 1992 dollars—averaging $168 billion per year. There was, obviously, substantial fluctuation: the standard deviation was $44.6 billion. The trend was slightly upward.June 16, 2014. My task is to discuss three issues which are related, and yet each deserving of consideration on its own. The first is the end of the Cold War as it affects one of the major "peripheral" areas of international relations. The second is the death of what might be called the myth of the left in Latin America.The survivors continue to face serious social, economic, and environmental problems which were caused by the war. Among those, the rate of birth defects is highest in the world. There are tens of thousands of victims of toxic chemical (dioxin) in Vietnam. Half of the rain forests of Vietnam were destroyed seriously.The end of the Cold War and the geopolitical changes in Europe. The late 20th century was a time of major geopolitical upheaval in Eastern Europe. The fall of the Berlin Wall in November 1989 put an end to the Cold War and the divisions that dated back to the Second World War. ... Economic and military structures such as Comecon (the Council ...This is the same effect the split economies of the communists and democratic states caused during the cold war. Some countries take major economic hits and other grow rapidly all caused by globalization split in two. Over the ages the world's economic policies have shifted and changed, from colonialism to now days and Globalization. ...The Cold War was a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc, which began following World War II. Historians do not fully agree on its starting and ending points, but the period is generally considered to span from the announcement of the ... Following World War II (1939-45), the democratic United States and the communist Soviet Union became engaged in a series of largely political and economic clashes known as the Cold War. The ...The cold war led to policies like the immigration and nationality act of 1952 which was developed in a bid to exclude immigrants based on their origins and characteristics. The politically radical, diseased, immoral and unlawful were denied immigration. Only the able and willing could assimilate into the US social, economic and political ...book as a whole covers American economic history from the Great Depression through the Cold War Part I centers on the Depression and World War II It addresses the impact of government policies on the private sector, the effects of wartime procurement policies on the economy, and the economic consequences of the transition to a peacetime economy ...Introduction The cold war developed an overriding impact on many facets of American humanity for much of the second half of the 20th century. It intensified due to the antagonism between major societal classes. The rivals escalated the cold war among the representatives of capitalism and democracy, the United States, and the Soviet Union representing […] Furthermore, the Guatemalan army's use of indiscriminate torture, rape, executions and massacres were arguably among the worst human rights abuses of the cold war. And all under the auspices of maintaining 'freedom' in the world. The US's goal was to contain the spread of communism in Latin America, and in this it technically succeeded.Carter Liou. 4/3/18. ST112-WA. Critical question: What were the effects of the Nuclear Arms Race on the United States and the Soviet Union? Thesis: While the Nuclear Arms race remained predominantly cold, the event itself shows the negative repercussions that weapon technology indirectly had on both the United States and the Soviet Union from a economic, political and societal standpoint.This paper shall focus on the Cold War between 1955 and 1983, largely with respect to the Arab-Israeli conflict. This paper judges Soviet interests in the Middle East throughout the Cold war to be threefold. First, the Soviets attempted to achieve strategic parity with the United States, by expanding its naval and military reach through Middle ...The negative effects can be seen in the division of Germany itself and the construction of the Berlin Wall. However there were some positive things that came from it too like capitalism and democracy and just western influence in general. The negative effects of the Cold War on Germany had a real hard impact on the country.Compare and contrast the political and economic effects of the cold war on Western Europe with the effects on Eastern Europe. In World War II, the triple alliance was formed between the United States, Great Britain and the Soviet Union to bring peace and end the deadly battle in Europe. This desperate alliance began to unravel as WWII ended in 1945. . Europe split into two separate parts ...Mar 21, 2014 · The last Cold War, which ran from 1946 to 1989, coincided with a long period of economic expansion. Still, a new Cold War would profoundly change the way the global economy works. It would have six likely immediate economic consequences, including a big hit to the European economy, rising defense spending, and more support for embattled ... In the wake of the Cold War, radical shit to economic superiority was among the most significant impact of the Cold War to the American and the nation at large. During the cold war, the Americans developed a new perception and felt that it was their patriotic obligation to purchase consumer goods to aid in the progress of the economy, a strategy known as the containment. The Soviet-American combat, known as the "Cold War" hung heavy over global affairs for more than forty long years; structuring the world with extensive military buildups, an unceasing nuclear arms rivalry, intensive surveillance, and relentless technological emulations. Further elaborated are the causes and repercussions of this menacing fracas drawn upon the world by the two superpowers; the ...Effects and Consequences of the war:On both France and Algeria. Ater eight years of fighting, the Algerian war finally came to an end in 1962. The main and most important consequence of this was the decolonisation of Algeria, and the creation of the Country Algeria. of course, there were many more consequences for both nations.Aug 17, 2018 · Economic effect. As the cold war continued fifteen years later that is from 1945-1960, the U.S experienced great economic growth. The war was the main reason that it got back its prosperity and it in the postwar period it was able to become one of the richest nations in the world. The Gross Domestic Product of the United States improved from ... Thus, the Cold War became global and directly affected international stability and both superpowers resorted to confrontation and propaganda and this in turn was played out in the rest of the world. Meanwhile, third world countries became the perfect battleground for cold war proxy battles during the early 1940's to late 1990's. UnitedCold War: The Cold War was a period of economic, political and military tension between the United States and Soviet Union from 1945 to 1991. Following the end of the Second World War, complications arose centring on the shifting of international power. ... Consequences of the Cold War: The Cold War had far-reaching implications in the ...The thesis of this paper is that the effects of nuclear war on a complex, technical/ industrial society are not evaluated adequately in the development of strategic policies. If the full range of ...For fifty years the Soviet Union stood in the eyes of the West as a terrifying enigma bent on imperial and ideological expansion. According to Washington, it was a threatening state that needed to be confronted and contained. From Berlin to Hanoi and Cairo to Havana, the United States and the Soviet Union clashed in an era known as the Cold War. The Cold War had very significant effects on the cultural, politicalas well as the economic development of the United States. The warstimulated cultural development by laying the foundation forinnovation in the music industry as well as the methods used byartists in conveying an influential message that can change peopleperception on various ... The Cold War conflict extended beyond its basic ideological origins to have profound effects on economic, political, social, and cultural aspects of global events. The role of the state in the domestic economy varied, and new institutions of global association emerged and continued to develop throughout the century.Economic factors. The Cold War arms race was a costly business for the superpowers. Both spent billions of dollars and roubles on a myriad of Cold War-related activities, from weaponry to propaganda. ... a stock market slump and other detrimental effects on the US economy. The Soviet economy, which had grown rapidly through the 1950s and 1960s ...Mar 25, 2014 · With Cold War chatter on the rise, let’s take a look at six potential economic consequences. Brace for higher energy prices. JPMorgan sees the handwriting on the wall and gets out of the ... But, with the development of data sets detailing the dates, belligerents, and possibly also the magnitudes of war and other armed conflicts, the causes and consequences of war were made amenable ...Through the Cold War, it was built on the principle of mutually assured destruction. This meant that if a war did occur, there would be no winner, both countries would be annihilated. This meant that both countries, the U.S. and the Soviet Union, would now be in an arms race to see who would have the biggest guns. THE COLD WAR The Cold War was the longated tension between the Soviet Union and the United States of America. It started in the mid 40's after WWII had left Europe in shambles and Russia and the USA in superpower positions. The Cold War was a clash of these supergiants in political, ideological, military, and economic values and ideas.Cold War Effects on America. The Cold War certainly changed and shaped the American economy, society, and politics from 1945 to 1992. The contrasting beliefs between Communism (the Soviet Union) and Democracy (the United States) caused the rift between the worlds top two most prominent superpowers — Communism had established itself to be an ...The Cold War was a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc, which began following World War II. Historians do not fully agree on its starting and ending points, but the period is generally considered to span from the announcement of the ... As Cold War progressed until the collapse of the Soviet Union, Cold War had significant impact on American society. Firstly, Cold War instigated strong anti-communism within the USA. The hatred towards Communism was so great that it eventually led to McCarthyism. This fear of war was instigated by the arms race.Following World War II (1939-45), the democratic United States and the communist Soviet Union became engaged in a series of largely political and economic clashes known as the Cold War. The ...The Cold War started because Europe lost power at the end of World War II. J.E. Facebook. Adetula, PhD … [the] international peace and security system requires a network of actors with a broad set of capacities, so that Decolonization and the Cold War. At the end of the Second World War the southern African region, with the major exception of the Union of South Africa, was firmly under ...The USSR and the US didn't trade or negotiate with each other, they became very unfriendly and their relationship turned out extremely cold and filled with tension. At last, Stalin turned out refuse to acknowledge the Declaration of Liberated Europe, and refuse to allow free elections.The Yom Kippur War that followed was so named because it began on the High Holy Day of the Jewish faith. The Nixon administration decided to come to Israel's rescue and resupplied its army with weapons. Because of the Cold War and their friendships with Middle Eastern nations, the Soviets countered, supplying both Syria and Egypt with weapons.The Cold War conflict extended beyond its basic ideological origins to have profound effects on economic, political, social, and cultural aspects of global events; The role of the state in the domestic economy varied, and new institutions of global association emerged and continued to develop throughout the century.The Cold War (the term was first used by Bernard Baruch during a congressional debate in 1947) was waged mainly on political, economic, and propaganda fronts and had only limited recourse to weapons. It was at its peak in 1948-53 with the Berlin blockade and airlift, the formation of NATO, the victory of the communists in the Chinese civil ...The historical significance of this event is mainly embodied in the collapse of the Soviet Union twelve years after the invasion of Afghanistan. The war put immense stresses on the faulty, centralized economic system of the nation, and along with the radical social reforms set by Mikhail Gorbachev, led to the collapse of the nation.In the wake of the Cold War, radical shit to economic superiority was among the most significant impact of the Cold War to the American and the nation at large. During the cold war, the Americans developed a new perception and felt that it was their patriotic obligation to purchase consumer goods to aid in the progress of the economy, a strategy known as the containment. Thus, the Cold War became global and directly affected international stability and both superpowers resorted to confrontation and propaganda and this in turn was played out in the rest of the world. Meanwhile, third world countries became the perfect battleground for cold war proxy battles during the early 1940's to late 1990's. UnitedFor fifty years the Soviet Union stood in the eyes of the West as a terrifying enigma bent on imperial and ideological expansion. According to Washington, it was a threatening state that needed to be confronted and contained. From Berlin to Hanoi and Cairo to Havana, the United States and the Soviet Union clashed in an era known as the Cold War.The USSR collapsed because of considerable economic, political and social challenges. ... The consequences of the Cold War were derived from numerous internal problems of the countries, which were connected with the USSR, especially developing countries (India, Africa, etc.). This fact means that foreign policies of many states were transformed ...Long Term Effects United States Becomes Only Global Power. After Russia transformed itself into a capitalist economy and a democratic government at the end of the Cold War, The United States was left alone as the only great world power. While many other nations were also on the rise such as China and India, they lacked the cultural, economical ...Second, the Cold War also helped to make economic life harder. Because of the Cold War, the Soviet Union had to spend a great deal on its military. ... When combined, these effects helped to cause ...The impact of the Korean War on the Economy of the United States refers to the ways in which the American economy was affected by the Korean experience from 1950 to 1953. The Korean War boosted GDP growth through government spending, which in turn constrained investment and consumption. While taxes were raised significantly to finance the war, the Federal Reserve followed an anti-inflationary ...Aug 16, 2020 · Economic Impact of the Cold War. Introduction. The cold war developed an overriding impact on many facets of American humanity for much of the second half of the 20 th century. It intensified due to the antagonism between major societal classes. The rivals escalated the cold war among the representatives of capitalism and democracy, the United ... View Essay - Economic Consequences of Wars in the U.S. from ECO 241 at Illinois State University. John J. Suarez Econ 241 871-12-6156 1.1 Introduction One of the most persistent beliefs of war and ... World War II, the Vietnam War, the Cold War, and the Iraq and the Afghanistan Wars. The paper does not debate the moral, political, or ...In the longer term, the health of the market depends on where the crisis in Ukraine is headed next. Just 60 years ago, the U.S. and the Soviet Union were at the height of a Cold War that nearly ...Perhaps the most obvious consequence of the Korean War was the near total devastation of North Korea's economic and agricultural infrastructure. The United States dropped more than 250,000 bombs on Pyongyang, the capital of North Korea, alone, according to the Public Broadcasting Service. Bombing obliterated much of the country's agricultural ...It began in the late 1940s and lasted until the early 1990s. The main causes of the Cold War were ideological differences between the two countries and their respective governments. The Cold War also involved military competition proxy wars and economic sanctions. What Were The Effects Of The Cold War? The Cold War was a time of tension and ... The Cold War was a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc, which began following World War II. Historians do not fully agree on its starting and ending points, but the period is generally considered to span from the announcement of the ... It began in the late 1940s and lasted until the early 1990s. The main causes of the Cold War were ideological differences between the two countries and their respective governments. The Cold War also involved military competition proxy wars and economic sanctions. What Were The Effects Of The Cold War? The Cold War was a time of tension and ... How much better it would have been if the wisdom of Ludwig von Mises had been taken to heart. In Nation, State, and Economy (1919), Mises said, "War prosperity is like the prosperity that an earthquake or a plague brings." The analogy was apt in World War I, in World War II, and during the Cold War. It is still apt today.Mar 21, 2014 · The last Cold War, which ran from 1946 to 1989, coincided with a long period of economic expansion. Still, a new Cold War would profoundly change the way the global economy works. It would have six likely immediate economic consequences, including a big hit to the European economy, rising defense spending, and more support for embattled ... Social. Sri Lanka experienced a bloody civil war between the government and the Tamils.The Tamils attempted to fight for their independence and an independent state in the north of the island. Economic. During the 1980's-90's, Central America dealt with a deep recession caused by a large budget deficit. Political. The Cold War roughly lasted between 1947 and 1991. The collapse of the USSR saw the official end of the Cold War in 1991. The USSR, a Marxist state, was trying to gain supremacy over their rival, the United States, a capitalist state. The name "Cold War" was used because there was no physical conflict between the two sides.The Soviet-American combat, known as the "Cold War" hung heavy over global affairs for more than forty long years; structuring the world with extensive military buildups, an unceasing nuclear arms rivalry, intensive surveillance, and relentless technological emulations. Further elaborated are the causes and repercussions of this menacing fracas drawn upon the world by the two superpowers; the ...Effects of Cold War on Cuba PDF Image Zoom Out Economic Soviet Union Alliance 1960 - 1991 Cuba has an alliance with the Soviet Union. Cuba will rely on the Soviet Union, especially for military aid. Political Rio Treaty 1947The Marshall Plan in the Cold War was a strategy to turn former WW2 enemies into allies by rebuilding their shattered economies. One of the enduring myths of early Cold War history involves the so-called Marshall Plan laid out by Secretary of State George Marshall in 1947. With Western Europe in economic ruin, some American policymakers suggested that massive injections of aid were necessary ...The Soviet-American combat, known as the "Cold War" hung heavy over global affairs for more than forty long years; structuring the world with extensive military buildups, an unceasing nuclear arms rivalry, intensive surveillance, and relentless technological emulations. Further elaborated are the causes and repercussions of this menacing fracas drawn upon the world by the two superpowers; the ...Constant confrontation, proxy wars, an arms race and the constant looming threat of a world war involving nuclear weapons had for many years kept the entire world on edge - nowhere more so than in ...Gorbachev and the End of the Cold War. This op-ed was reprinted in Beirut, Lebanon's The Daily Star on April 25, 2006, as "The Man Who Preferred a Soviet Whimper to a Dying Bang". The Soviet collapse was due to the decline of communist ideology and economic failure. This would have happened even without Gorbachev, writes JOSEPH S. NYE.The USSR and the USA were left as two superpowers with political and economic differences as a result of the Cold War that split the temporary wartime alliance against Nazi Germany. ... Thus the stage was set for the longest period of geopolitical tensions of the 20th century, whose effects last to this day. Cold War - UPSC Notes: ...Sep 21, 2021 · United States. Cold war encouraged the growth of nuclear capabilities in America. People got chances to have their won economic decisions as a result of democratic localism which was enforced. This made growth in economy, and subsequent capitalism renewal. The Americans prospered as a result of freedom in many aspects of their lives. Sep 28, 2010 · Summary. US objectives during the Cold War were to prevent Soviet attacks on the United States and its allies and to prevent the spread of Communism as a political and economic system to other countries, whether by force or by threat, subversion, persuasion, or bribery. The principal instrument to prevent attack was an extensive build-up of ... The Cold War refers to the period between the end of the Second World War and the collapse of the Soviet Union in 1991. During this time, the world was largely divided into two ideological camps — the United States-led capitalist "West" and the Soviet-dominated communist "East.". Canada aligned with the West. Its government structure ...In the longer term, the health of the market depends on where the crisis in Ukraine is headed next. Just 60 years ago, the U.S. and the Soviet Union were at the height of a Cold War that nearly ...Three lasting effects of the Cold War are the continued existence of nuclear weapons, the Syrian civil war, and the development of space-age technology. PDF. Putting aside the very real human cost, war has also serious economic costs - damage to infrastructure, a decline in the working population, inflation, shortages, uncertainty, a rise in debt and disruption to normal economic activity.Therefore, the economic legacy left by the Cold War and the allocation of resources, has resulted in effects on many dimensions of each nation's economic performance; which led to economic imbalance. As well as this imbalance, the war's institutional and constitutional legacies loomed over the nation itself.In the post cold war era, most of the wars in the international community have occurred in Third World countries, and African ... (1974) found that wars have had no long lasting effects on social or economic development of countries." In his study of the consequences of World War I and World War II on national capabilities between 1888-1970 ...11. Final End of Cold War in International Relations: After having kept the world involved in the politics of confrontation and conflict during 1945-90 (with the exception of 1971-79), the Cold War got ended in early 1990s. The U.S.A. and the erstwhile USSR got engaged in a mature and continuous detente in 1985. The Political And Economic Consequences Of The Cold War. The Cold War began as World War II came to an end. After the war, each one of the Big Three (United States, Soviet Union, and Great Britain) had different concerns about the structure of the postwar world. Joseph Stalin, the leader of the Soviet Union (Union of Soviet Socialist Republics ...Through the Cold War, it was built on the principle of mutually assured destruction. This meant that if a war did occur, there would be no winner, both countries would be annihilated. This meant that both countries, the U.S. and the Soviet Union, would now be in an arms race to see who would have the biggest guns. Consequences; Berlin Airlift - Consequences ... Materially it seemed little had changed since the end of the war but in reality the Berlin Airlift brought about historic change. ... The western sector continued to prosper as a result of 'Marshall Aid' and the economic gap between East and West was very evident in Berlin. Every day large numbers ...Dec 19, 2019 · Italy underwent rapid economic rise after the war. It formally joined the European community in 1958; however, in 1970s and 1980s, Italy faced immense unrest after the actions of the Leftists Red brigades. Currently, Europe is facing an economic slump of unprecedented quotient. Economic aspects of the Cold War, 1962-1975 4 The Cuban missile crisis 5 Nuclear competition in an era of stalemate, 1963-1975 6 US foreign policy from Kennedy to Johnson 7 Soviet foreign policy, 1962-1975 8 France, "Gaullism," and the Cold War 9 European integration and the Cold War 10 Détente in Europe, 1962-1975 11The Cold War shaped American foreign policy and political ideology, impacted the domestic economy and the presidency, and affected the personal lives of Americans creating a climate of expected conformity and normalcy. By the end of the 1950's, dissent slowly increased reaching a climax by the late 1960's. The Cold War was to last almost to the ...Feb 23, 2012 · Our "Economic Consequences of War on the US Economy" report studies five periods -- World War II, the Korean War, the Vietnam War, the Cold War, and the Afghanistan/Iraq wars -- highlighting the effect on seven macro-economic factors: debt, consumption, investment, jobs, taxes, government deficits, and inflation. Dec 01, 2021 · The Economic Effects of the Cold War: Conservatism Plus Deficit Spending Before the Cold War: World War II & Tremendous Military Spending. When the United States entered World War II following... Defense Spending Remains In Overdrive: Korea, Cuba, Vietnam. Are you enjoying this article? As Europe ... In the longer term, the health of the market depends on where the crisis in Ukraine is headed next. Just 60 years ago, the U.S. and the Soviet Union were at the height of a Cold War that nearly ...Demand was not driven by a free or even by a regulated economic market but by the single customer's weapons policy….As a result of the Cold War and the imperatives of the nuclear standoff, this aspect of the American economy resembled the economy of the Soviet Union, in which decisions were made on a planned basis by a remote government ... The Political And Economic Consequences Of The Cold War. The Cold War began as World War II came to an end. After the war, each one of the Big Three (United States, Soviet Union, and Great Britain) had different concerns about the structure of the postwar world. Joseph Stalin, the leader of the Soviet Union (Union of Soviet Socialist Republics ...Social. Sri Lanka experienced a bloody civil war between the government and the Tamils.The Tamils attempted to fight for their independence and an independent state in the north of the island. Economic. During the 1980's-90's, Central America dealt with a deep recession caused by a large budget deficit. Political. Thus, the Cold War became global and directly affected international stability and both superpowers resorted to confrontation and propaganda and this in turn was played out in the rest of the world. Meanwhile, third world countries became the perfect battleground for cold war proxy battles during the early 1940's to late 1990's. UnitedMar 19, 2014 · The last Cold War, which ran from 1946 to 1989, coincided with a long period of economic expansion. Still, a new Cold War would profoundly change the way the global economy works. The Iron Curtain and the Cold War surrounding it had disastrously negative effects on the post war economy, especially in Eastern Europe. The people there faced food shortages, economic stagnation and large-scale political upheaval. When the Soviet Union finally collapsed, a large power vacuum left the Russia Mafia and rampant corruption ...The Cold War shaped American foreign policy and political ideology, impacted the domestic economy and the presidency, and affected the personal lives of Americans creating a climate of expected conformity and normalcy. By the end of the 1950's, dissent slowly increased reaching a climax by the late 1960's. The Cold War was to last almost to the ...Constant confrontation, proxy wars, an arms race and the constant looming threat of a world war involving nuclear weapons had for many years kept the entire world on edge - nowhere more so than in ...The clearer view has made it hard not to see that over the last two generations, Latin American government institutions have withered while social, economic and environmental challenges have grown.The USSR and the US didn't trade or negotiate with each other, they became very unfriendly and their relationship turned out extremely cold and filled with tension. At last, Stalin turned out refuse to acknowledge the Declaration of Liberated Europe, and refuse to allow free elections.KC-6.2.IV.C The Cold War conflict extended beyond its basic ideological origins to have profound effects on economic, political, social, and cultural aspects of global events. KC-6.3 The role of the state in the domestic economy varied, and new institutions of global association emerged and continued to develop throughout the century.Oct 18, 2021 · How terrible the consequences of the Cold War can be. After World War II, the conflict over superiority between the United States and the Soviet Union began. The US-led NATO and the Soviet-led Warsaw Pact were formed. Apart from this, of course, NAM is also formed. As a result, the world is divided into three parts. Dec 01, 2021 · The Economic Effects of the Cold War: Conservatism Plus Deficit Spending Before the Cold War: World War II & Tremendous Military Spending. When the United States entered World War II following... Defense Spending Remains In Overdrive: Korea, Cuba, Vietnam. Are you enjoying this article? As Europe ... Economic factors. The Cold War arms race was a costly business for the superpowers. Both spent billions of dollars and roubles on a myriad of Cold War-related activities, from weaponry to propaganda. ... a stock market slump and other detrimental effects on the US economy. The Soviet economy, which had grown rapidly through the 1950s and 1960s ...KC-6.2.IV.C The Cold War conflict extended beyond its basic ideological origins to have profound effects on economic, political, social, and cultural aspects of global events. KC-6.3 The role of the state in the domestic economy varied, and new institutions of global association emerged and continued to develop throughout the century.Sep 21, 2021 · United States. Cold war encouraged the growth of nuclear capabilities in America. People got chances to have their won economic decisions as a result of democratic localism which was enforced. This made growth in economy, and subsequent capitalism renewal. The Americans prospered as a result of freedom in many aspects of their lives. United States Becomes Only Global Power. After Russia transformed itself into a capitalist economy and a democratic government at the end of the Cold War, The United States was left alone as the only great world power. While many other nations were also on the rise such as China and India, they lacked the cultural, economical, and military ... The Cold War was a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc, which began following World War II. Historians do not fully agree on its starting and ending points, but the period is generally considered to span from the announcement of the ... True Effects of the gulag. In truth, the Gulag system was highly economically inefficient and resulted in a much higher loss of life and productivity than necessary. When prisoners' lives were ever taken into account by the government, it was from a purely economic point of view--a loss of productivity, rather than a consideration of humanity.Despite the robustness of these findings to different estimators and lag structures, 25 some might worry the results are driven by (1) the coincidence of the end of the Cold War with the 1980s oil glut, (2) highly influential cases, particularly the Gulf Cooperation Council (GCC) countries, 26 or (3) are overly dependent on the inclusion of post-Soviet successor states.The Cold War conflict extended beyond its basic ideological origins to have profound effects on economic, political, social, and cultural aspects of global events. The role of the state in the domestic economy varied, and new institutions of global association emerged and continued to develop throughout the century.Oct 18, 2021 · How terrible the consequences of the Cold War can be. After World War II, the conflict over superiority between the United States and the Soviet Union began. The US-led NATO and the Soviet-led Warsaw Pact were formed. Apart from this, of course, NAM is also formed. As a result, the world is divided into three parts. The European Recovery Program, part of the Economic Recovery Act of 1948, was from its inception known by the name of its chief proponent and designer, George C. Marshall, United States Secretary of State from January 1947 to January 1949. In place until 1951, the Marshall Plan made possible the economic recovery of a continent devastated by World War II. It was brilliantly designed to succeed ...The Cold War shaped American foreign policy and political ideology, impacted the domestic economy and the presidency, and affected the personal lives of Americans creating a climate of expected conformity and normalcy. By the end of the 1950's, dissent slowly increased reaching a climax by the late 1960's. The Cold War was to last almost to the ...Jul 16, 2015 · The effects of the cold war on Africa can be seen in different aspects. Africa was caught up in the cold war between the Soviet Union and America. However, the impact of the cold war among the African countries differed. For instance in South Africa, the government of the white minority was haunted by communism. 6 Pages. Open Document. The Effects of the Cold War on the Russian Economy. As we know now the cold war and the race of super- powers certainly had an influence on the Russian economy. Different historians argue a different time period for the cold war. Some of them say that the cold war has its roots in the causes of the first world war. 6 Pages. Open Document. The Effects of the Cold War on the Russian Economy. As we know now the cold war and the race of super- powers certainly had an influence on the Russian economy. Different historians argue a different time period for the cold war. Some of them say that the cold war has its roots in the causes of the first world war. In two key incidents in Iran from the post-war period these precepts were plainly evident, and produced consequences for the United States that were in some ways utterly unanticipated. At other moments later in the Cold War, described further below, Washington's fixation on the Soviet threat left it unprepared to deal with crises of local ...The Cold War in Asia. In October 1949, the Communist party, led by Mao Zedong, came to power in China. The Communists had been fighting the Chinese Nationalists since the 1920s, and although the civil war ended in 1937 because of the war against Japan, the fighting between Communists and Nationalists resumed in 1946.As Cold War progressed until the collapse of the Soviet Union, Cold War had significant impact on American society. Firstly, Cold War instigated strong anti-communism within the USA. The hatred towards Communism was so great that it eventually led to McCarthyism. This fear of war was instigated by the arms race.The Cold War in Asia. In October 1949, the Communist party, led by Mao Zedong, came to power in China. The Communists had been fighting the Chinese Nationalists since the 1920s, and although the civil war ended in 1937 because of the war against Japan, the fighting between Communists and Nationalists resumed in 1946.The cold war led to policies like the immigration and nationality act of 1952 which was developed in a bid to exclude immigrants based on their origins and characteristics. The politically radical, diseased, immoral and unlawful were denied immigration. Only the able and willing could assimilate into the US social, economic and political ...Our "Economic Consequences of War on the US Economy" report studies five periods -- World War II, the Korean War, the Vietnam War, the Cold War, and the Afghanistan/Iraq wars -- highlighting the effect on seven macro-economic factors: debt, consumption, investment, jobs, taxes, government deficits, and inflation.The Korean War is relevant because it was one of the numerous events during the time period of The Cold War. The Korean War commenced on 25 June 1950 when communist North Korea, backed by the imposing Soviet equipment invaded the South. The UN was later called upon to aid the South into repelling the heavily built Soviet tanks in the North. -G.DThe Cold War was a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc, which began following World War II. Historians do not fully agree on its starting and ending points, but the period is generally considered to span from the announcement of the ... The Cold War ravaged countries not prone to insurgency or dictatorship. Chile is the best example of all because no other Latin American country could match Chile's record of constitutional government. For years, Chile's democracy had negotiated major ideological differences. The Chilean Communist Party was one of the oldest and strongest in the Western Hemisphere. […]The Korean War is relevant because it was one of the numerous events during the time period of The Cold War. The Korean War commenced on 25 June 1950 when communist North Korea, backed by the imposing Soviet equipment invaded the South. The UN was later called upon to aid the South into repelling the heavily built Soviet tanks in the North. -G.DThe paper argues that the foreign policies of the United States and USSR - two major actors in Africa during the Cold War - had some of the most significant impacts on the political culture ...Pre-World War Two . The origins of the Cold War can be traced back to the Russian Revolution of 1917, which created a Soviet Russia with a profoundly different economic and ideological state to the capitalist and democratic West. The ensuing civil war, in which Western powers unsuccessfully intervened, and the creation of Comintern, an organization dedicated to the spreading of communism ...After the Cold War, the reduced military spending was matched with an era of strong economic growth, which provided for a very different economic environment than what was seen during periods of high military spending during the Cold War era. To overcome past limitations, this study analyzes military spending by a large and diverse group of ...The Cold War was a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc, which began following World War II. Historians do not fully agree on its starting and ending points, but the period is generally considered to span from the announcement of the ... The Civil war brought fundamental alterations in the life of the nation, changing the economy, the political landscape, as well as ways of life. Economically, wartime measures had introduced new federal involvement in both he banking and transportation systems.The National Bank Acts of 1863, 1864, and 1865 helped to create a uniform currency in ...Second, the Cold War also helped to make economic life harder. Because of the Cold War, the Soviet Union had to spend a great deal on its military. ... When combined, these effects helped to cause ...The Marshall Plan in the Cold War was a strategy to turn former WW2 enemies into allies by rebuilding their shattered economies. One of the enduring myths of early Cold War history involves the so-called Marshall Plan laid out by Secretary of State George Marshall in 1947. With Western Europe in economic ruin, some American policymakers suggested that massive injections of aid were necessary ...The U.S. began rebuilding western Europe with economic aid through the Marshall Plan while eastern Europe struggled. Control of Berlin, the capital city of a defeated Germany, was shared by Russian, British and U.S. forces at the end of the war. When Russia shut off land routes to the city from the west, President Harry Truman ordered a massive ...The Cold War in Asia. In October 1949, the Communist party, led by Mao Zedong, came to power in China. The Communists had been fighting the Chinese Nationalists since the 1920s, and although the civil war ended in 1937 because of the war against Japan, the fighting between Communists and Nationalists resumed in 1946.Thus, the Cold War became global and directly affected international stability and both superpowers resorted to confrontation and propaganda and this in turn was played out in the rest of the world. Meanwhile, third world countries became the perfect battleground for cold war proxy battles during the early 1940's to late 1990's. United Jul 01, 1994 · For the entire Cold War period, 1948-1989, real military purchases cumulated to a total of $7,051 billion—equivalent to nearly $10 trillion in 1992 dollars—averaging $168 billion per year. There was, obviously, substantial fluctuation: the standard deviation was $44.6 billion. The trend was slightly upward. May 20, 2019 · The global consequences of a Sino-American cold war would be even more severe than those of the Cold War between the U.S. and the Soviet Union. ... Yet in a future economy where China and the U.S ... This paper shall focus on the Cold War between 1955 and 1983, largely with respect to the Arab-Israeli conflict. This paper judges Soviet interests in the Middle East throughout the Cold war to be threefold. First, the Soviets attempted to achieve strategic parity with the United States, by expanding its naval and military reach through Middle ...Cold War Effects on America. The Cold War certainly changed and shaped the American economy, society, and politics from 1945 to 1992. The contrasting beliefs between Communism (the Soviet Union) and Democracy (the United States) caused the rift between the worlds top two most prominent superpowers — Communism had established itself to be an ...The Cold War was a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc, which began following World War II. Historians do not fully agree on its starting and ending points, but the period is generally considered to span from the announcement of the ... For the entire Cold War period, 1948-1989, real military purchases cumulated to a total of $7,051 billion—equivalent to nearly $10 trillion in 1992 dollars—averaging $168 billion per year. There was, obviously, substantial fluctuation: the standard deviation was $44.6 billion. The trend was slightly upward.The Civil war brought fundamental alterations in the life of the nation, changing the economy, the political landscape, as well as ways of life. Economically, wartime measures had introduced new federal involvement in both he banking and transportation systems.The National Bank Acts of 1863, 1864, and 1865 helped to create a uniform currency in ...One of the long term economic impacts of the Cold War was that the US and the USSR exploited economic and social tensions throughout countries around the world as part of their rivalry and it has had lasting impacts and tensions throughout the end of the Cold War into the Post-Cold War Era. Economically, the rest of the world felt tensions that ... The Political And Economic Consequences Of The Cold War. The Cold War began as World War II came to an end. After the war, each one of the Big Three (United States, Soviet Union, and Great Britain) had different concerns about the structure of the postwar world. Joseph Stalin, the leader of the Soviet Union (Union of Soviet Socialist Republics ... The Cold War was a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc, which began following World War II. Historians do not fully agree on its starting and ending points, but the period is generally considered to span from the announcement of the ... The Iron Curtain and the Cold War surrounding it had disastrously negative effects on the post war economy, especially in Eastern Europe. The people there faced food shortages, economic stagnation and large-scale political upheaval. When the Soviet Union finally collapsed, a large power vacuum left the Russia Mafia and rampant corruption ...The USSR collapsed because of considerable economic, political and social challenges. ... The consequences of the Cold War were derived from numerous internal problems of the countries, which were connected with the USSR, especially developing countries (India, Africa, etc.). This fact means that foreign policies of many states were transformed ...Cold War: The Cold War was a period of economic, political and military tension between the United States and Soviet Union from 1945 to 1991. Following the end of the Second World War, complications arose centring on the shifting of international power. ... Consequences of the Cold War: The Cold War had far-reaching implications in the ...Thus, the Cold War became global and directly affected international stability and both superpowers resorted to confrontation and propaganda and this in turn was played out in the rest of the world. Meanwhile, third world countries became the perfect battleground for cold war proxy battles during the early 1940's to late 1990's. UnitedAnswer (1 of 5): The term 'cold war' is used to describe the rivaly; on strategic, political and economic grounds, between two superpoweres, namely USA & USSR, in the post world war-2 period. It was cold in the sense that it never precipitated into a full blown military conflict between two count...Biden now characterizes the U.S.-China conflict as "a battle between the utility of democracies in the twenty-first century and autocracies.". But the logic underpinning the U.S. trade war was flawed, and the more recent, politically driven restrictions are counterproductive given the damaging long-term economic consequences for both sides.This would become known as the Cold War. The United States and the Soviet Union were actively engaged in an escalating and intense political, military, and economic confrontation between 1946 and 1991. Over the course of nearly five decades, Texas and Texans responded to their nation's call to duty on both the military and home front, and ...Start studying Cold War: Political, Social, Economic. Learn vocabulary, terms, and more with flashcards, games, and other study tools. ... The Cold War brought about the National Defense Education Act, mistrust amongst the government, and the interstate highway system. ... Civil War Causes, Practices, & Effects. 31 terms. Jessica_Marie1. 4.2 ...During the first three decades of the Cold War, the Afghan government received substantial amounts of economic and military aid from the USSR and economic assistance from the United States. These resources enabled the state to undertake a limited number of modernizing projects in education, communication, and industrialization that required a ...American business leaders had long feared the consequences of a politically driven workers' organization. World War II provided short-term causes as well. ... For most of the second half of the 20th century, the USSR and the United States were engaged in a Cold War of economic and diplomatic struggles. The communist bloc, as it appeared in 1950 ...Last Name 1 Name: Instructor’s name: Course code: Date: Reasons and effects of the Cold War Ideological divergences between US and USSR served as the foundation for the cold war as their economic and political ideologies were opposed to one another. As Cold War progressed until the collapse of the Soviet Union, Cold War had significant impact on American society. Firstly, Cold War instigated strong anti-communism within the USA. The hatred towards Communism was so great that it eventually led to McCarthyism. This fear of war was instigated by the arms race.Aug 17, 2018 · Economic effect. As the cold war continued fifteen years later that is from 1945-1960, the U.S experienced great economic growth. The war was the main reason that it got back its prosperity and it in the postwar period it was able to become one of the richest nations in the world. The Gross Domestic Product of the United States improved from ... The Cold War was a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc, which began following World War II. Historians do not fully agree on its starting and ending points, but the period is generally considered to span from the announcement of the ... The Civil war brought fundamental alterations in the life of the nation, changing the economy, the political landscape, as well as ways of life. Economically, wartime measures had introduced new federal involvement in both he banking and transportation systems.The National Bank Acts of 1863, 1864, and 1865 helped to create a uniform currency in ...