1. 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

3. 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

4. The Berlin Airlift
June 1948-May 1949

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

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

8. “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?

9. 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?

11. 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?

12. 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?

13. 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?

15. 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.