Question

How were the economic ideologies of the United States and the Soviet Union different?
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Answer 1

United States: Liberal

Sovietic Union: Socialist

Step-by-step explanation:

For the time of the Cold War, there was a conflict between two different economic orders. On the one hand, the United States was a liberal thanks to the International Monetary Fund and the General Agreement on Tariffs and Trade.

On the other hand, there was the Soviet socialist union that was organized with the Council of Mutual Economic Assistance and the bilateral agreements established with other planned economies.