Answer:
ROOTS OF ECONOMIC PROBLEM
The U.S. Cold War economic policies were in contrast to those the United States pursued to win World War II. ... To win the Cold War, the United States became a low-savings, high-consumption economy. It basically supported its allies in a recovery, development and growth process that out-consumed the USSR and China.
CAUSES AND EFFECTS
The Cold War started because Europe lost power at the end of World War II. ... This left the Soviet Union and the United States competing for economic and military rule. Both countries believed their policies were the best and ultimately wanted all others to follow.
IMPACT FOR US TODAY
The Cold war has also affected us today by helping the West evade Communist rule; without intervention from The U.S. forces China and The Soviet Union might have conquered Europe and The U.S.. Finally, The Cold War helped form modern day friendships, alliances and hostilities between countries.