Sputnik, 1957. On October 4, 1957, the Soviet Union launched the earth's first artificial satellite, Sputnik-1. As a result, the launch of Sputnik served to intensify the arms race and raise Cold War tensions. During the 1950s, both the United States and the Soviet Union were working to develop new technology.
Great Britain won the Opium War against China.
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Sever loss of infrastructure, loss of factories to produce goods and debts caused by the wars led to a huge downturn in rebuilding efforts after World War 1.
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