Impact on Popular Culture The tense atmosphere of the country due to the Cold War had many effects … Answer to: Compare and contrast the political and economic effects of the Cold War on Western Europe with the effects on Eastern Europe. Before the war started, the U.S. Army only had 174,000 troops. Our culture, politics and economics underwent a drastic change throughout the decades that greatly influenced life even to this day. T… The Cold War was an ideological, economic, political and military confrontation, but it never actually was fought between these two nations on a battlefield. The Cold War was an ideological, economic, political and military confrontation, but it never actually was fought between these two nations on a battlefield. Our "Economic Consequences of War on the US Economy" report studies five periods -- World War II, the Korean War, the Vietnam War, the Cold War, and the Afghanistan/Iraq wars -- highlighting the effect on seven macro-economic factors: debt, consumption, investment, jobs, taxes, government deficits, and inflation. This is considering that both nations had a strong economy and were thus considered to be the super powers. In addition to battling the Soviets politically and culturally, these presidents waged economic warfare with the Soviet Union. Without national security spending, peace would be threatened, and therefore so would the civilian economy and society. The United States was unwilling to commit military forces to remove the Soviets so Eastern Europe fell under control of the Soviets for the next 45 years. Following World War II (1939-45), the democratic United States and the communist Soviet Union became engaged in a series of largely political and economic clashes known as the Cold War. However, the impact of cold war among the African countries differed. As well, the world economic situation was subsequently greatly improved by the military build-up caused by the Cold War. Cold War, the open yet restricted rivalry that developed after World War II between the United States and the Soviet Union and their respective allies. Most notably, the Korean and Vietnam Wars were fought to stop the spread of communism in Asia and each led to the deaths of thousands of American soldiers. This led to a litany of movies that helped spark patriotism, but also raised suspicion of communist activity in America. New York Economically speaking, the Soviets and the Americans we as different during the Cold War as they were politically. Military spending creates national wealth by forcing increased production, which leads to greater employment, greater consumer spending by workers, greater production of consumer goods and services, and greater investment. What effect did the Cold War have on the economy? In 1954 the Supreme Court case Brown v. Board of Education paved the way for desegregation in all public schools. The Cold War left a deep impact on the economies of the US and Soviet Union. Such tensions were described by the immense separation between the capitalist and … i think you lost somthing the cold war lol, this really helped with my book report im in 7th grade best thing that heped me is this and yeah this was a horriblw war meaning ww1 and ww2 well and of cause the cold war. We cannot afford to be involved in the cold war with all its consequences. The breakdown of state control in a number of areas formerly ruled by Communist governments has produced new civil and ethnic conflicts, particularly in the former Yugoslavia . UNLV History 102. It specifically examines five periods: World War II, the Korean War, the Vietnam War, and the Iraq/Afghanistan Wars, summarizing the effect of financing the wars By the 1950's, New Deal reforms were often associated with the left. After World War II ended, the United States entered a postwar economic boom—a period of sustained economic growth—that lasted a generation, from approximately 1950 to 1973. The Cold War was waged on political, economic, and propaganda fronts and had only limited recourse to weapons. (2009). 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