End of the Cold War. Arms Race Gets Crazy!. US President Reagan increases funding for arms (example: “ Star Wars ” missile defense system) USSR, going broke, throws more $ into nukes US & USSR arms build up again! USSR economically, begins to unravel
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US President Reagan increases funding for arms (example: “Star Wars” missile defense system)
USSR, going broke, throws more $ into nukes
US & USSR arms build up again!
USSR economically, begins to unravel
Could not sustain weapons build up AND make consumer goods (centrally planned economy= communism)
Gorbachev ushered in an era of reform (change).
Once the door to criticism was cracked open, it couldn’t be cut off again
allowed greater free expression and criticism of Soviet policies
Economic reforms (more market based – could suggest improvements, etc.)
Velvet Revolution 1989
George H. Bush held a summit
meeting at Malta
and negotiated important
reductions in intermediate range
*Late in 1991 there was a coup
in the Soviet Union. Hardcore communist Soviet leaders held
USSR, a country that ceased to exist.
The Berlin Wall came down signaling the end of the Cold War.
Hungary opened its border with Austria, allowing East Germans to flee to the West.
Massive public demonstrations; East Germany and Eastern Europe;
The Berlin Wall fell on November 9.
The forty years of the Cold War were costly in resources. freedoms and an immediate move to capitalism.
We spent 3.5 trillion, and for what?
We spent 5.5 trillion dollars on nuclear arms, and we won!
How much is a trillion dollars?
George H.W. Bush
A trillion dollars is enough to give each family in the U.S. $100,000.