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
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
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