How did the cold war impact korea?
The Korean War was an important development in the Cold War because it was the first time that the two superpowers , the United States and the Soviet Union, had fought a 'proxy war ' in a third country. The proxy war or 'limited war ' strategy would be a feature of other Cold War conflicts, for example the Vietnam War.
Do you think North Korea and South Korea would benefit if they reunited?
Yes .Reunification would give access to cheap labor and abundant natural resources in the North, which, combined with existing technology and capital in the South, would create large economic and military growth potential.
Is Korea still impacted by the Cold war today?
Yes .The impact of the Korean War on the Economy of the United States refers to the ways in which the American economy was affected by the Korean experience from 1950 to 1953. The Korean War boosted GDP growth through government spending, which in turn constrained investment and consumption.
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