background of cold war Flashcards

(3 cards)

1
Q

elaborate: decline of traditional European powers

A

war damages and casualties
war debts and reparation
decline in production and foreign trade

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2
Q

elaborate: rise of new super powers
(US)

A
  • economic aspect
    US dollar became world currency
    joined WWI and WWII in later stage and was not a major battle field
  • military aspect
    the first to develop an atomic bomb
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3
Q

elaborate: rise of new super powers
(USSR)

A

focused on its heavy industry
developed its military industry due to international isolation and the threat of Nazi Germany
became the third largest industrial country

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