The Yalta Conference At the end of WWII the Big 3 met to discuss the post- war world. Some view this as the beginning of the big storm that would cool into the Cold War

The Cold War Chronology 1945-1990 The U.N. is established 1949 China becomes communist 1954 The Communists defeat France in Vietnam 1959 Castro creates communist gov’t in Cuba 1950 The Korean War begins 1948 Berlin airlift begins 1957 The Soviets Launch Sputnik

The Berlin Airlift June 1948-May 1949

Discovering the Difference between Communism (east) & Capitalism (West)

Karl Marx & Fredrick Engels 1848 Communist Manifesto Detailed the struggle of the classes A philosophy to improve equality for all!

“From each according to his ability, to each according to his need. ” “From each according to his ability, to each according to his need!” -Karl Marx What does Marx & Engels mean by this quote? Step 1: Money distribution & roles Student A: Hard working, moderate intelligence, family of 5, labor job shoveling dirt f/ a construction company. No decision making responsibility Student B: Extremely intelligent, single, takes a risk to own a business, makes lots of important decisions. What is the financial result from the different ability? Step 2: Student B must give money to student A, Student A must give money to student B What does it mean “to each according to his need?” Why does A “need” the money more so than B?

Questions Cont’d Would you continue to work so hard if you knew this was happening? Why/Why not? What are the pros to this system? (fill in chart) What are the cons to this system? (fill in chart) What circumstances must exist to make this system work? Throughout history BILLIONS of people have supported this economic system, why do you think so?

Capitalism Man is a being of free will. Man can choose to think, drift, or evade -- but choose he must. His thoughts determine: his character, his values, his emotions, and his actions, and so his thoughts determine his destiny. Step 1: Money distribution & roles Student A: Hard working, moderate intelligence, family of 5, labor job shoveling dirt f/ a construction company. No decision making responsibility Student B: Extremely intelligent, single, takes a risk to own a business, makes lots of important decisions, saves money, invests money to help make more money Student C: Very lazy, never paid attention in school What is the financial result from the different ability?

Capitalism Cont’d Step 2: Student A has a choice: give money to Student B to support businesses Step 3: Stock Market improves from good business performance. Student A doubles their money invested How do others feel about the investor’s rewards?

Questions Cont’d What is meant by “his character, his values, his emotions, and his actions, and so his thoughts determine his destiny?” Would you continue to work so hard if you knew this was happening? Why/Why not? What are the pros to this system? (fill in chart) What are the cons to this system? (fill in chart) Do you know places in the world that you can find the capitalist system at work? What circumstances must exist to make this system work? Throughout history BILLIONS of people have supported this economic system, why do you think so?

Which system would you more prefer? Support your answer with at least 3 examples from today and your life as to why you would feel this way.