Cold War History Ia Essay

1747 Words Jun 5th, 2013 7 Pages
21 November 2011
Word Count: 1563
The Role of Economic issues in the Development of the Cold War
A: Plan of Investigation:
To simplify the causes of the Cold War the many issues that were contributing factors can be grouped into three major realms political ideological disputes, economic motives, and the struggle each country had to become the most dominant super power. At first glance it may not seem likely that a war, even a relatively calm and bloodless one such as the Cold War, could possibly be fueled by economic motives, but unfortunately money and trade are often the leading forces in determining whether or not to enter a war with a rival nation. In the case of the Cold War economic incentives were
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The United States has had a long standing economic policy of free trade and a completely open market in which individuals have equal opportunities to compete with each other, with no state interference, for success and access to the American dream, and are given incentives of profit to work hard (Rogers and Thomas 1). Collectively the United States economic policy is referred to as capitalism, it allows for private property to be held, and is a commonly held economic belief system west of the USSR (Rogers and Thomas 1). The Soviets held a much different outlook on economy, which is commonly referred to as communism. The communist beliefs, held by the Soviets, stated that capitalism creates a large gap between the rich and the poor, while communism works to totally eliminate any class gaps, going even as far as to completely eliminate private property in order to make all people economically equal(Rogers and Thomas 2). Another basic principle of communism is the government takeover of all private industry, instead of working for profits, people work for the common good of the community or “commune”, this type of market often runs into problems of inefficiency since there are no incentives, such as profit, for workers to be rewarded with( Rogers and Thomas 2). The Bolshevik Revolution originally introduced the economic ideals of Karl Marx and led to the introduction of communism in the USSR (Chung). Poor relations between the United States and the Soviets

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