Chapter 29: The Cold War and Postwar Economic Recovery: 1945-1970
Cold War
Period between the end of World War II and the collapse of the Soviet Union (or USSR)
U.S. and Soviet Union relations were tense
Rooted in ideological opposition between communism and capitalist democracies dominated by U.S. and Soviet Union
U.S. was in support of democracy and free-trade
Soviet Union was a communist, totalitarian country
An “Iron Curtain” divided Europe between a free and democratic state and a totalitarian regime
U.S. made military alliances around the world to contain communism
North Atlantic Treaty Organization (NATO) was created in 1949
Mutual defence pact
U.S., Canada, Belgium, Iceland, Netherlands, Portugal, Italy, Britain, Norway, Denmark, and France
Southeast Asia Treaty Organization (SEATO) was created in 1954
Warsaw Pact was formed in 1955
Nuclear arms race began during World War II
Russia, Britain, and Germany were exploring nuclear fission
U.S. was the first to develop and implement the atomic bomb
Nuclear Test Ban Treaty of 1963 banned such tests in the atmosphere
A third of the world’s population was under colonial rule in 1945
Decolonization was a direct result of World War II
India gained independence from Britain in 1947, under the leadership of Indian nationalist, Mohandas Gandhi
Decolonization in Africa occurred in the late 1950s and 1960s
Europe and Asia was severely damaged by World War II
Cities, factories, and farmlands were part of the damage
Majority of Europe was faced with lack of goods and inflation
U.S. aided with reconstruction and recovery of war-torn nations in both Europe and Japan
Marshall Plan: U.S. economic aid program for European countries, meant to establish U.S. economic influence in European markets
Soviet Union formed the Council for Mutual Economic Assistance (CMEA) in 1949, in response to the Marshall Plan
Cold War
Period between the end of World War II and the collapse of the Soviet Union (or USSR)
U.S. and Soviet Union relations were tense
Rooted in ideological opposition between communism and capitalist democracies dominated by U.S. and Soviet Union
U.S. was in support of democracy and free-trade
Soviet Union was a communist, totalitarian country
An “Iron Curtain” divided Europe between a free and democratic state and a totalitarian regime
U.S. made military alliances around the world to contain communism
North Atlantic Treaty Organization (NATO) was created in 1949
Mutual defence pact
U.S., Canada, Belgium, Iceland, Netherlands, Portugal, Italy, Britain, Norway, Denmark, and France
Southeast Asia Treaty Organization (SEATO) was created in 1954
Warsaw Pact was formed in 1955
Nuclear arms race began during World War II
Russia, Britain, and Germany were exploring nuclear fission
U.S. was the first to develop and implement the atomic bomb
Nuclear Test Ban Treaty of 1963 banned such tests in the atmosphere
A third of the world’s population was under colonial rule in 1945
Decolonization was a direct result of World War II
India gained independence from Britain in 1947, under the leadership of Indian nationalist, Mohandas Gandhi
Decolonization in Africa occurred in the late 1950s and 1960s
Europe and Asia was severely damaged by World War II
Cities, factories, and farmlands were part of the damage
Majority of Europe was faced with lack of goods and inflation
U.S. aided with reconstruction and recovery of war-torn nations in both Europe and Japan
Marshall Plan: U.S. economic aid program for European countries, meant to establish U.S. economic influence in European markets
Soviet Union formed the Council for Mutual Economic Assistance (CMEA) in 1949, in response to the Marshall Plan