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    Miguel Angel Arroniz De La Torre
    The document discusses the Cold War between the United States and Soviet Union from 1945 to 1991. It provides key dates in the Cold War including the Soviet Union testing its first atomic bomb in 1949 and the fall of the Soviet Union in 1991. It then explains the differences between capitalism, which is based on free markets, and socialism, where the government controls resources. The author believes the Cold War was necessary to prevent a hot war and brought balance by having the two superpowers competing, with capitalism proven to work better than socialism.

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    Speech

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    Miguel Angel Arroniz De La Torre
    15 views2 pages
    The document discusses the Cold War between the United States and Soviet Union from 1945 to 1991. It provides key dates in the Cold War including the Soviet Union testing its first atomic bomb in 1949 and the fall of the Soviet Union in 1991. It then explains the differences between capitalism, which is based on free markets, and socialism, where the government controls resources. The author believes the Cold War was necessary to prevent a hot war and brought balance by having the two superpowers competing, with capitalism proven to work better than socialism.

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    The document discusses the Cold War between the United States and Soviet Union from 1945 to 1991. It provides key dates in the Cold War including the Soviet Union testing its first atomic bomb in 1949 and the fall of the Soviet Union in 1991. It then explains the differences between capitalism, which is based on free markets, and socialism, where the government controls resources. The author believes the Cold War was necessary to prevent a hot war and brought balance by having the two superpowers competing, with capitalism proven to work better than socialism.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    15 views2 pages

    Speech

    Uploaded by

    Miguel Angel Arroniz De La Torre
    The document discusses the Cold War between the United States and Soviet Union from 1945 to 1991. It provides key dates in the Cold War including the Soviet Union testing its first atomic bomb in 1949 and the fall of the Soviet Union in 1991. It then explains the differences between capitalism, which is based on free markets, and socialism, where the government controls resources. The author believes the Cold War was necessary to prevent a hot war and brought balance by having the two superpowers competing, with capitalism proven to work better than socialism.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Hi, my name is Miguel Angel Arroniz De La Torre, and I am student of TecMilenio.

    am going to talk about of the famous Cold War. First, I will briefly start explaining

    what it was, 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. This hostility between the two superpowers was first given its name by

    George Orwell in an article published in 1945. Orwell understood it as a nuclear

    stalemate between “super-states”: each possessed weapons of mass destruction

    and was capable of annihilating the other. Some important dates of this war were

    29 august of 1949 when Russia tested its first atomic bomb, 24 June of 1950 when

    Korean War begins, May of 1955 when the Warsaw Pact Formed, April of 1970

    when President Nixon extends Vietnam War to Cambodia and on August of 1991 it

    was the End of Soviet Union and the end also of the Cold War.

    The term “Cold War” refers to a state of extreme unfriendliness existing between

    countries, especially countries with opposing political systems, that expresses itself

    not through fighting but through political pressure and threats.

    Now I will talk about how the two principal economic systems works, the capitalism

    works on the principle of a Free Market, in which all financial dealings are

    controlled by private producers and consumers. Through private ownership,

    competition and self-interest, the economy achieves a natural balance and

    maintains the overall economic good. The founder of this political economy was

    Adam Smith, who noticed that mercantilism was not a force of development an

    change, but a regressive system that was creating trade imbalances between
    nations and keeping them from advancing, his ideas for a free market opened the

    world to capitalism.

    On the other hand, the socialism works as a system that shares economic output

    equally throughout the population. It values the collective well-being of the

    community, rather than individuals. The government distributes resources, giving it

    greater control over its citizens. The founder or first thinker of this political economy

    was Karl Heinrich Marx with the book publish of the Communist Manifesto.

    In my opinion this war was necessary and for a good cause, I prefer infinite times a

    cold war than a hot war. A pacific war that did not developed ta bloody third world

    war. A fight between the two world leaders make a total balance in the world, this

    war liberates the third world referring to Africa as well as watching which political

    economy was the best or were giving better results. For me, the capitalism work

    better than socialism giving more order to the nation and a balance.

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