I have to write an essay about the cold war and dont really know too much about the cold war and can use some help please!!! I also need to know How did the Cold War affect the nation鈥檚 economy? Thank you!! any information will help!|||The Cold War created basically a bi-polar world. It was Communism vs. Free Markets (Capitalism).
Communist governments had a completely closed economy, but would usually trade with other Communist nations; and Capitalists with Capitalist governments.
America's economy boomed post-1945 because it was the U.S. economy that financed Europe %26amp; Japan's rebuilding.
After that, those same country became America's best trading partners, during the Cold War.
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