Discover the answers to your questions at Westonci.ca, where experts share their knowledge and insights with you. Connect with professionals on our platform to receive accurate answers to your questions quickly and efficiently. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.
Sagot :
Answer:
Explanation:
==================================================================
WESTERN ECONOMY
Part of the reason why the western economy was booming is because of America who had given money to the western countries and even allowed eastern countries to get some economic aid but were not allowed to due to the Soviet watching them like a hawk. I think it is known as the Marshall plan. Also, capitalism is another reason for the Western's economy as capitalism allows economic freedom, consumer choice, and economic growth.
==================================================================
EASTERN ECONOMY
Firstly, part of the reason why the eastern economy was not doing very well is due to them following the communist ideology where there are no social classes like upper and lower classes. This seemed like a very great idea on paper but in reality, it did not allow the Soviet economy to flourish as much as the communist. I also believe that it is also partly due to people escaping to the Western countries (like Allied-controlled Germany) as their country seemed well off compared to war-torn Soviet-controlled Germany.
==================================================================
! HOPE I HELPED !
We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.