Capitalism - Economic system where property and businesses are privately owned. People have freedom to succeed or fail. , Communism - Government provides everything for the people. More security but less choice and freedom, Cold War - The Cold War was a time after WW2 when the USA and the Soviet Union were rivals for world influence., Superpower - Strong, wealthy countries with large populations and very strong militaries., Marshall Plan - USA’s plan to send food, blankets, fuel to Europe to help them AND to keep them from turning communist., Iron Curtain - The IMAGINARY boundary line that separated the Western, capitalist side from the Eastern, communist side of Europe, NATO - North Atlantic Treaty Organization. The countries of USA, France, Great Britain, West Germany. The alliance that represented CAPITALISM., Warsaw Pact - pro Soviet countries – USSR, and all countries controlled by the USSR. The alliance that represented COMMUNISM., Berlin Wall - The USSR built the wall to keep communists from escaping to the American sector., Arms Race - The USA and the USSR competed to have the most powerful weapons in the world., Space Race - The USA and the Soviet Union raced to have the best technologies and to be the first to conquer space., Glasnost - openness of the government. Allowed citizens discuss problems of government and give solutions., Perestroika - Communism with elements of capitalism or free markets, Reunification of Germany - In 1990, Germans voted to make the countries of East Germany and West Germany one country: Germany., Collapse of the Soviet Union - After the fall of the Berlin Wall and other communist countries became Democratic, the Soviet Union dissolved, and was known as Russia once again.,

Cold War Vocabulary

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