Final answer:
During the Cold War, the United States promoted democracy and capitalism, while the Soviet Union promoted communism. After the Soviet Union dissolved, Russia became an economic leader but still faces challenges in modernizing its manufacturing base.
Step-by-step explanation:
During the Cold War, there was a competition between the United States and the Soviet Union for influence and power. While the United States championed democracy and capitalism, the Soviet Union promoted communism. When the Soviet Union dissolved in 1991, it had economic problems, while Russia emerged as a major player in the global economy. However, Russia still needs to modernize its manufacturing base to compete with other major economies.
Despite these economic developments, it is important to note that the issues of democracy and capitalism were not solely determined by Russia's economic rise. These issues were part of the broader ideological competition and political landscape during the Cold War.