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10 Terms
Capitalism
An economic system where private businesses operate for personal profit.
Communism
An economic system where the government owns all property and wealth is distributed equally.
What major event started World War II?
Germany invaded Poland in 1939.
What year did World War II end?
World War II ended in 1945.
Who were the Allies in World War II?
Britain, USA, and Soviet Union.
Who were the Axis powers in World War II?
Germany, Italy, and Japan.
What was the Cold War primarily characterized by?
Competition between the USA and the Soviet Union without direct fighting.
What does 'Yalta Conference' refer to?
A 1945 meeting where Allies planned post-war Europe and agreed on dividing Germany.
What was the Potsdam Conference?
A 1945 meeting that highlighted tensions and disagreements, marking the start of Cold War problems.
What was a key memory trick for remembering the nature of the Cold War?
'Cold because they never fought hot.'