capitalism
An economic system based on private ownership of capital

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communism
A political system in which the government owns all property and dominates all aspects of life in a country.
Soviet Union
A Communist nation, consisting of Russia and 14 other states, that existed from 1922 to 1991.
Berlin Airlift
Joint effort by the US and Britian to fly food and supplies into W Berlin after the Soviet blocked off all ground routes into the city
Truman Doctrine
1947, President Truman’s policy of providing economic and military aid to any country threatened by communism or totalitarian ideology, mainly helped Greece and Turkey
Marshall Plan
A plan that the US came up with to revive war-torn economies of Europe. This plan offered $13 billion in aid to western and Southern Europe.
Iron Curtain
Term used by Churchill in 1946 to describe the growing East-West divide in postwar Europe between communist and democratic nations
NATO
North Atlantic Treaty Organization; an alliance made to defend one another if they were attacked by any other country; US, England, France, Canada, Western European countries
Warsaw Pact
An alliance between the Soviet Union and other Eastern European nations. This was in response to the NATO
Cold War
A conflict that was between the US and the Soviet Union. The nations never directly confronted each other on the battlefield but deadly threats went on for years.
brinkmanship
A policy of threatening to go to war in response to any enemy aggression.