Cold War

Capitalism vs Communism
 Objectives:
At the end of the lesson, the students will:

• Discuss what Cold War is.

• Explain what is capitalism and communism.
• Determine what are the inventions during the
Cold War.
What is Cold War?
The Cold War was an ongoing political
rivalry between the United States and
the Soviet Union and their respective
allies that developed after World War
II.
As World War II was ending, the Cold
War began. This was to be a long
lasting and continuing confrontation
between the Soviet Union and the
United States, lasting from 1945 to
1991. It was called the Cold War
because neither the Soviet Union nor
the United States officially
declared war on each other.
 What are the Causes of Cold War?

01 Tension Between
Powers
02 Nuclear Arms Race

03 Ideological Conflict
Capitalism
Capitalism
Capitalism is a widely
adopted economic system in
which there is private
ownership of the means of
production.
 Adam Smith
A political economist who invented
capitalism.
 History of Capitalism
Antecedents World War I
Marked a turning point in
Capitalist institutions the development of
existed in the ancient world capitalism

England (18th World War II

century) The economies of the
major capitalist countries,
Capitalism development all which had adopted
shifted from commerce to some version of the welfare
industry state
 Countries believed Capitalism

Singapore Australia
Canada

Switzerland Japan United States

 Communism

Communism is an economic
ideology that advocates
for a classless society in
which all property and
wealth are communally-
owned, instead of by
individuals.
Karl Marx
 Historians who believe that the U.S. won the Cold
War largely agree that American victory was
guaranteed through finances. The United States bled
Soviets coffers dry through proxy wars and the
nuclear arms race.
A picture is worth a
thousand words
Reasons why Cold War
ended:
● Gorbachev’s
Leadership
● Perestroika (reform)
● Glasnost (openness)
● Nationalism
 Results of Cold War

● Independence for
Soviet Republics
● US became powerful in
the world
Inventions during the
Cold War
1. For you, which is better,
capitalism or communism? Why?
2. Why is Cold War called Cold war?
3. How did the Cold War end?
 Reference
● https://www.historycrunch.com/causes-of-the-cold-war.html#/
● https://ohiohistorycentral.org/w/Cold_War
● https://www.history.com/topics/cold-war/cold-war-history
● https://www.britannica.com/event/Cold-War
● https://www.investopedia.com/terms/c/communism.asp
● https://www.history.com/this-day-in-history/ussr-established#:~:text=In%
20the%20decades%20after%20it,%2C%20Turkmenistan%2C%20Tajikist
an%2C%20Latvia%2C
 Thank you!
Reporters:

Blessie Faye Sabsal

Ma. Regie Rica Samejon

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