Did the Cold War affect the economy?

Answer 1

The cold war divided Europe and Germany after WW2. The Western European countries, Belgium, Denmark, France, Iceland, Italy, Luxembourg, the Netherlands, Norway, Portugal, the United Kingdom as well as Canada and the United States, formed North Atlantic Treaty Organization (NATO). USSR took the Eastern European countries as satellite countries. East Germany, Czechoslovakia, Poland, Hungary, Bulgaria had be influenced and controlled by the USSR.

The Cold War divided Europe into two armed camps. There was very little contact between the two blocs. Even traditionally 'Western' cities like Prague seemed to be in another world.

Answer 2

France was no different in it's economic development during the cold war than either Britain nor the US. Every nation on either side of the cold war developed along similar lines. That was the nature of the cold war.

Answer 3

The Soviet system of government did NOT allow it prosper economically during the cold war. Communism is Security and Safety for it's citizens. Security & Safety does not produce capital. Capitalism produces money! Satety and security can be accomplished with money (capital) but not the other way around!

Answer 4

Military Bases employed MANY people. When the cold war ended in 1990, base closures put MANY people out of work.