| Economic Issues Since World War II Essay Questions Worksheet |
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Writing Exercises: Economic Issues since World War II - Answer each of the following questions using complete sentences. Remember the "5 Ws and How" (who, what, why, where, when, how). 1 What was the role of science and technology in the Cold War? Science and technology played a crucial role in the Cold War, as the U.S. and Soviet Union competed in areas like nuclear weapons, space exploration, and surveillance. This rivalry led to rapid advancements, including the arms race and the Space Race, symbolized by the launch of Sputnik and the Apollo moon landing. Technological superiority became a key measure of power and influence. 2 Why was the United States so heavily invested in the economic recovery of Europe and Japan following World War II? The United States invested heavily in the economic recovery of Europe and Japan to prevent the spread of communism, promote political stability, and create strong trading partners. Programs like the Marshall Plan helped rebuild economies, strengthen democratic governments, and ensure U.S. influence in global affairs. A stable, prosperous world was seen as vital to American security and economic interests. 3 What does "OPEC" stand for? Describe OPEC. OPEC stands for the "Organization of the Petroleum Exporting Countries." Founded in 1960, OPEC is a group of major oil-producing nations that coordinates petroleum policies to stabilize oil markets and ensure fair prices for producers. Member countries, primarily from the Middle East, Africa, and South America, work together to manage oil production and influence global oil prices. OPEC has played a significant role in global energy and economic affairs. Click here to print. Answers will vary. |
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