The Cold War was a feud amongst ideologies that when played out, shaped the trade and industry environments of the globe. It was led by two of the strongest powers in the world at the time, located on opposites sides of the earth. It was then so fitting, that these powers took opposite sides on a topic that would determine the economic fate of the world. Industrialism, alliances, and incentives are just a few of …
showed first 75 words of 1569 total

showed last 75 words of 1569 total
…information to invest in them. Socialist governments fall short at the beginning of the cycle when they fail to answer correctly to the common question of all economies, information and incentives. The east and west displayed their power in the metaphoric "free market" of the world for forty years. At the end, the market clearing price was communism. Communism proved on it's own it would have to be forfeited for a healthy future to persist.