U.S. History: The Cold War

Individual people do not own land, factories, or machinery. Instead, the government or the whole community owns these things. Everyone is supposed to share the wealth that they create

• Democracy

• Communism

• Command Economy

• Capitalism

• Free Market

an economic system in which prices are determined by unrestricted competition between privately owned businesses

• Democracy

• Communism

• Command Economy

• Capitalism

• Free Market

A system of ideas and ideals, especially one which forms the basis of economic or political theory and policy

• Democracy

• One Party State

• Command Economy

• Capitalism

• Ideology

a country where a single political party controls the government, either by law or in practice

• Democracy

• One Party State

• Command Economy

• Capitalism

• Ideology

a system of government by the whole population, or all the eligible members of a state, typically through elected representatives

• Democracy

• One Party State

• Command Economy

• Capitalism

• Ideology

an economic and political system in which a country's trade and industry are controlled by private owners for profit.

• Democracy

• One Party State

• Command Economy

• Capitalism

• Ideology

an economy in which production, investment, prices, and incomes are determined centrally by a government

• Democracy

• One Party State

• Command Economy

• Capitalism

• Ideology

Capitalism, Democracy, and Free Markets are ideologies supported by: _______

• The Union of Soviet Socialist Republics (USSR)

• The United States of America (USA)

Command Economy, Communism, and One Party Rule are ideologies supported by: _______

• The Union of Soviet Socialist Republics (USSR)

• The United States of America (USA)

established the U.S. dollar as the world’s reserve currency

• The Marshall Plan

• Bretton Woods Conference

• The Cold War

• The Truman Doctrine

• The Berlin Airlift