Analyze How World War Two And The Subsequent Cold War Created Economic

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There are many political changes that emerged from the cold war of 1945 due to imitations of U.S and other west countries to counter dominance in various activities. U.S changed its forms of government with expansions on its new roles. Moreover, there were many changes in the belief systems after secular systems attained adherents. For instance, the Red Cross was introduced in 1854 by the Geneva Conventions which was warmly embraced by the U.S government. Both the Telegraphic Union (1865) and the Postal Union (1875) were established to bring the world closer together. This step enabled the U.S citizens to cooperate with the federal government in undertaking various economic development plans. However, one of the major weaknesses in these changes included limitation on international thinking from political and national affairs.
The political changes led to heightened regional identities particularly in North America. For instance, new emphasis was placed on regional and trade block between America and its trading partners. Major societies in U.S were inclined to more common commercial policies. The political arena also influenced private and commercial market forces. The war created the anticipated existential threat that forced the government to spend over 38% of GDP on the military outlays for the next decade. Consequently, the unemployed people in United States were absorbed in the workforce.
The U.S’s political-economic matters were also boomed after flattening of the income distribution which necessitated development of a foundation stone of the post war. With the United States Secretary of State, George C.Marshall concerned at solving the economic difficulties in U.S, her interests were hampered by lack of authorities capable of organizing worldwide trade. The Marshall Plan by President Harry Truman paid off in stopping Communism in America. These political events radically altered the existing institutions and structures in the U.S. for instance, people became more aggressive in expressing aspirations for freedom, democracy and human rights in the country. The government administrations were also enlarged so that the country would be better suited for new political orders.
After the cold war, the U.S government took control over European export market. In 1930s, the international economic depressions dominated United States. This was accelerated by challenges in the industrial economy and weaknesses in the foreign market. The existing government in those eras lacked knowledge of economies. In fact, overproduction harmed dependent zones of the world economy. New government policies were thus ...