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Tuesday- Absent- Cold War
Wednesday- Cold War cont...
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Cold War (1945-1990)
U.S. vs. Union of Soviet Socialist Republics
Definition: A political, strategic, and ideological struggle between the US and Soviet Union from 1945-1990, spread throughout the world (Europe, Asia, Africa, and Latin America).
Goal: To stop the spread of communism
Communism vs. Democracy
*Theory of communism
- Calls for class warfare, poor people would rise up and overthrow the rich where everyone was equal and were paid for their abilities
*Communist countries in the world:
- China
- Cuba
- Vietnam
- Laos
- North Korea
*Practice of communism
- Promoting equality (in poverty), not many rights, dictatorship
Socialism vs. Capitalism
*Capitalism
- The more you work, the more you make
- You work for what you earn
- People owned businesses
- Problem - leads to major income inequality, a wide gap between the rich and the poor
*Socialism
- No matter how hard you work, you get paid the same
- Government owned businesses
- Strength - Provides everybody a fixed income
- Problem - No motivation to work hard, everything is provided for you
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