Abstract

The term Cold War is generally credited to Walter Lippmann, a prominent American journalist and early critic of US foreign policy after World War II. The Cold War was a period of intense global competition and unprecedented arms build up between the two superpowers, the United States and the Soviet Union. There is some disagreement about when precisely the Cold War began, but general agreement exists that it ended in 1990 with the collapse of communism in Eastern Europe and the unification of Germany. The Cold War led to massive military spending, with $21 trillion spent globally between 1960 and 1990 alone. The Cold War also coincided with the onset of the nuclear age, forever changing the nature of warfare and introducing military strategies such as deterrence and mutual assured destruction (MAD).

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