Description
The Cold War is over. Time to do a victory lap and celebrate the primacy of American power. But the celebration seemed short-lived, as there were plenty of other concerns. Nothing is as it should be. Our adversaries are now our allies, and our allies are now competitors. The end of the Cold War knocked down the Iron Curtain, but it also destroyed conventional economic patterns. Is the end of the Cold War proving to be good for world peace, but not so good for world business?
Explanation & Answer
Attached.
American Economy in the Post-cold War Era
Thesis Statement: While the end of the Cold War brought World peace, it has not
favored the America economy.
I.
The American consumer-led economic policy to support countries destroyed
by communism.
II.
How the Consumption-led framework worked against internal investments and
growth.
III.
The emergence of trade war/rivalry with China despite the attainment of world
peace.
Running head: AMERICAN ECONOMY IN THE POST-COLD WAR ERA
American Economy in the Post-cold War Era
Student’s Name
Institutional Affiliation
1
AMERICAN ECONOMY IN THE POST-COLD WAR ERA
2
The Cold War featured ideological differences between the East and the west Worlds.
The West lead by America championed for capitalism while the East led by the USSR and
China campaigned for communism. The Cold War was characterized by numerous economic
competition and an arms race among the capitalists and communists to prove that their
ideology was working and fuelling economic growth. The rivalry saw many...
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