Postwar Tensions Vocabulary

Is an economic system in which the means of production, such as land, labor and machinery, are owned privately. It is also known as a free market economy or free enterprise.

• Communism

• Containment

• Command Economy

• Capitalism

is a political and economic system in which the government owns or controls the factors of production. The factors of production include natural resources, labor, machines and factories. Under this form of government, the government divides the wealth among all citizens

• Command Economy

• Communism

• Capitalism

• Domino Theory

1919-1920 was a result of WWI and the rise of communism.

• Arms Race

• Marshall Plan

• Red Scare

• Space Race

was a period of rivalry between the United States and the Soviet Union. It lasted from the end of WWII in 1945 until the Soviet Union collapsed in 1991

• Communism

• Cold War

• Capitalism

• Red Scare

refers to the political, military, and cultural barrier that once divided much of the world. One side was the Soviet Union along with it's dependent states and allies and on the other were non-communist areas referred to as the West.

• Truman Doctrine

• Collective Security

• Iron Curtain

• Marshall Plan

occurs when 2 or more nations compete to develop the newest and most sophisticated, and most lethal weapons.

• Space Race

• Collective Security

• Cold War

• Arms Race

is a nation that can wield strong influences over other nations and international affairs. Its power may be economic, military or both

• Superpower

• Domino Theory

• Containment

• Collective Security

Was coined by U.S. President Harry S. Truman in March 1947. It was a principle that stated the United States would provide money, supplies, military aid, and any other necessary support to counties threatened by the Soviet Union and communism.

• Iron Curtain

• Domino Theory

• Containment

• Truman Doctrine

is the money, good and resources given by one country to another. Such aid can take many forms including military expertise, scientific research, grants, loans medicine, food, infrastructure development, education and refugee relocation.

• Cuban Missile Crisis

• Foreign Aid

• Warsaw Pact

• Military Blockade

is a form of foreign policy where the goal is to contain a hostile power or to stop it from spreading its ideology

• Arms Race

• Containment

• Space Race

• Military Blockade