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HIS344Y1 (120)

November 16th 2010

4 Pages
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Vasilis Dimitriadis

th November 16 The Cold War was a conflict that covered the whole passage of life J political, economic, military and social aspects of life. The Economic and Scientific Struggles for Ideological Superiority ^9 o }]ZL _ - both communist and capitalist were modified in 1940s and both tried to prove their superiority. - Western Europe needed to go along the American lines to maintain the standard of living - 270 million citizens agreed to work together and share the economic development and establish a say in the development - 1947 J 1960: a 312% unprecedented growth in Western Germany - Eastern Europe followed the same pattern, but never grew as much as Western Germany - Stalin agreed to create a union that offered the same economic benefit to the Soviet satellite states - 1949: Common Economic Market (COMECON) - after 1949, the essenceemphasis on reparations - even though they were members of COMECON, no benefit went to the way since they still had to pay Russians - the Berlin Crisis, the uprising by German workers and Polish & Hungary uprising The United States - The Marshall Plan J American goods would still have a market - Maximum employment could elevate problems of production J soldiers return and come to work so they would receive salaries and would purchase the products they produce -> circular, prevent Great Depression - an unprecedented boom both in economic and social terms - 1945 J 1946, 7.5 million excess births - cheap housing, guaranteed employment and good salary J prove capitalistAmerican superiority - Eisenhower tenure: - GMP grew 50% - middle class grew from 11% in 40s to 30% in 50s - Eisenhower was concerned that these new jobs were from military orders and the state itself became 40% employer of the labour force - American superiority depended on the Cold War scarce. - Kennedy continued in the same way - Kennedy adopted a Great Society, not an American Dream - growth of the middle class - continuous employment of the labour force - his economy was Keynesian Economy J building new roads, new railways, etc. J spending government moneysubsidy, big government projects J connecting cities - air-conditioning boomed and people began to move South due to air-conditioning and cheap housing. Previously, people avoided the South in the summers because it was too hot.
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