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Created by AARON LACEY
almost 7 years ago
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| Question | Answer |
| Cold War | 50-year, Non-fighting war between countries with Communist and Mixed Economies |
| Communism (Command Economy) | Government completely controls the economy No Private Ownership of Anything Hot Water Ex: Soviet Union, North Korea, China, Cuba |
| Capitalism (Market Economy) | Private ownership of everything--buyers and sellers decide what gets made and who gets what--laissez faire Cold Water |
| Mixed Market Economy | Some private and some government ownership A mix between command and market economies Ex: USA, Great Britain, Canada |
| Containment | Stop the spread of Communism |
| Truman Doctrine | U.S. will help any country resisting Communism |
| Marshall Plan | U.S. plan to rebuild Europe after WW2 |
| Berlin Blockade | Soviets cut off access to West Berlin |
| Berlin Airlift | U.S. Great Britain dropped supplies into West Berlin during the Berlin Blockade |
| Berlin Wall | Soviet-built wall dividing East and West Berlin |
| NATO | American Military Alliance against the Soviet Union and Warsaw Pact |
| Warsaw Pact | Soviet Military alliance against the U.S.A and NATO |
| Korean War | Containment operation in Korea--1950 - 1953 |
| Domino Theory | If one country falls to communism, others will too. They will fall "like dominos." |
| Arms Race | Competition for the most destructive weapons |
| Brinkmanship | Living on the edge of all-out nuclear war |
| M.A.D. (Mutually Assured Destruction) | Part of Brinkmanship that prevented a nuclear war Both sides knew that no one would win in a nuclear war--everyone would be killed |
| Cuban Missile Crisis | Soviet Union tried to put nuclear missiles in Cuba to use against the USA Almost resulted in a nuclear war |
| Space Race | Competition for most advanced space technology |
| Sputnik | World's first satellite--launched by U.S.S.R. |
| Dwight Eisenhower | U.S. President--1953 - 1961 |
| Prosperity | Living well; a high standard of living |
| Joseph McCarthy | Senator who accused many of being Communists in American |
| McCarthyism | Publicly accusing people of disloyalty without evidence |
| Blacklist | To ban someone--(people accused of being communists were kept from jobs) |
| Covert | Done in secret |
| Ethel and Julius Rosenberg | American couple executed for spying for Soviets |
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