HIST 2112 Lecture Notes - Lecture 18: Southern Democrats, World-Systems Theory, Iron Curtain
Document Summary
The u. s. versus the u. s. s. r. : a battle for global supremacy. Most of the industrial world lay in ruin: japan, germany, london, etc: almost all of europe"s manufacturing plants had sustained some kind of damaged or been relocated by advancing forces, many of colonies of eastern world damaged. The most powerful nation in the world, the exception to the above. Industrial capacity great, emerged an economic powerhouse for an economic world. We were producing for the rest of the world: in addition pent up savings at home (because saved during the war, gi bill giving money, housing and industrial boom. Housing boom across the world (building all over the world, not just here) Soviet union emerged the only close rival (mainly in military). Lost a lot of people in the war (10-20 million). Population down, but in the process of turning back the germans had bolstered up their industrial strength.
