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Us Vs Soviet Union Essay

542 Words3 Pages

After World War II, the United States and the Soviet Union emerged as the new superpowers in the world. Both countries worked to exert their power and influence on neighboring regions and around the world, such as in Eastern Europe and Southeast Asia. The USSR had a communist political system, while the US had a democratic system, and this difference had an effect on the life of people in the two countries, as well as their economic systems. The creation of NATO and the Warsaw pact helped to solidify the position of these ideas in countries outside of the US and USSR. Between 1945 and the present, the United States and the Soviet Union both used their economies to support other countries around the world. However, the US used a capitalist system while the USSR used a communist system. …show more content…

For example, the US provided Greece and Turkey with resources to prevent them from falling to Communism. The USSR supported North Korea and North Vietnam so that they could attempt to unite their countries under communism. This type of assistance wouldn’t have been possible without the immense economic power of these two countries, and as a result, their influences were felt by many people and cultures worldwide.

However, the US used a capitalist economic system. For example, private ownership, competition, and laws of supply and demand are encouraged and in turn, they manage the economy. Consumer goods and necessities were more of a focus, allowing the US to provide what its citizens wanted and needed. Supply and demand would control prices, wages, and other aspects of business, and the government didn’t interfere too much. Innovation was common and there was a desire to improve goods to outdo the competition. This economic system allowed the United States to prosper from 1945 to the

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