Economic effect s of cold war
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Meghna Thapar 5 years, 2 months ago
The U.S. Cold War economic policies were in contrast to those the United States pursued to win World War II. ... To win the Cold War, the United States became a low-savings, high-consumption economy. It basically supported its allies in a recovery, development and growth process that out-consumed the USSR and China. The United States essentially out-produced its enemies. To win the Cold War, the United States became a low-savings, high-consumption economy. It basically supported its allies in a recovery, development and growth process that out-consumed the USSR and China. The United States exhausted the USSR and forced China to change its policies on domestic investment.
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