How Did The Cold War Affect The Economy

The world is a lot smaller than it used to be. Today I can hop on a plane, and be in China tomorrow. I can call a friend in Africa and talk in real time. The world we live in is vastly different than the world our great grandparents grew up in. Advancement in technology is a tale as old as time. But this change has come about extremely quickly. However, there is a reason. The Cold War triggered an explosion of growth and interconnectivity. And it came close to triggering several other literal explosions. Global economy changed abundantly because of the cold war. Fighting broke out in many developing countries, stunting the growth of their economy, and widening the gap between the poor and rich. Other developed countries spent exorbitant amounts of money stockpiling weapons. Although the cold war did not have all good effects on the economy, it did lead to more international trade. Some corporations started to become established in many parts of the world. Businesses and people all around the world shared an economy. Technology
This poses risks as well as being a wonderful thing. It means that if you want to go to the other side of the world, you can. But it also means that terrorists can also traverse the world with ease. There have been many more cases of terrorism all over the world than there were before the cold war. Tensions also built between peoples and countries, which lead to more cause for people to want to inflict terror. Furthermore, diseases can also travel very easily. If a person who lives in Africa comes to the U.S. before they have symptoms but are infected they can spread that disease like crazy. The people in the U.S. don’t have any antibodies built up because it is a foreign disease, so it spreads very quickly. Conversely a person can get a disease while visiting a foreign country because they aren’t immune at