Economically speaking, these countries were resource rich, but could not produce refined goods that the colonizers provided. They had to essentially build everything from the ground up. This was particularly an advantage for the United States because although they were not wanted, they were needed, and that is a testament to true power. In effect, the U.S had establishments to make it appear as if it was a win-win situation for smaller countries that were rich in resources. There, they could provide assistance and economic security in exchange for resources. However, it was a façade to establish things such as the International Monetary Fund, World bank, and International Bank of Development. These were implemented to exploit these countries’ vulnerabilities, by charging them interest rates that they could essentially never pay back. For example, resource rich locations such as Iran and Africa. In Iran, the United States were very interested in their oil reserves. Therefore, they created Operation Ajax an Anglo/Iranian oil company. In Africa, they utilized their oil, gold, and …show more content…
The U.S won in many aspects, including the race in popular culture with countries adopting entertainment, government, and economic stimulating ideas and transforming them into their own. Russia itself had internalized battle when deciding to go to war, because their youth were dazzled with the Beatles and blue denim jeans. This culture assimilation also included globalized American companies such as Coca Cola. These companies could set up shop in other countries, send all the profit back to the states, and spread their influence as like a brand. Although it was beneficial to the states, this in particular was problematic for the countries these companies were in, because it did not generate money into their economy. Also, it oversaturated the market, therefore they could not build their own companies. One country that addressed this issue was Iran. During the 1950s through the 1970s, the United States had a substantial impact on their culture, such as fashion. However, a white revolution began in protest of the U.S. Additionally, countries such as Egypt, India, and Britain utilized U.S ideas from the New Deal, such as dams to stimulate the economy. Thus, proving how decolonization was challenged because American culture was prominent, everyone wanted to be American. One did not see a mass of countries adopting Russian