The Cold War was the war between United States and Soviet Union following the WWII. After the defeat of the axis powers and the fall of Hilter, the Soviet Union possessed the world's largest enemy. The US possessed the most powerful weapon in the atomic bomb, which had just been dropped on Hiroshima and Nagasaki to defeat Japan. Both nations had allied with one another in the war to defeat their common enemy but this was merely a front to mask the contempt both had for one another. The cold war was the term used to describe the antagonism between democratic America and communist Soviet Union (Russia). While there was never any armed notion of conflict between both nation, the cold war was the battle of ideologies and was waged in nations all over the world between proxy nation. The US goal was to spread democragy throughout the world and Soviet Union's goal was to spread communism.
The key difference between command and market economies is that: Households answer the basic economic questions in a market economy, while a group of leaders answer them in a command economy.
<h3>Types of economy.</h3>
Generally, there are five (5) main types of economy and these include the following;
- Mixed economy.
- Command economy.
- Traditional economy.
- Pure capitalism economy.
- Underground economy (black market).
<h3>What is a market economy?</h3>
A market economy is also referred to as free-enterprise system or free market and it can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government.
This ultimately implies that, a market economy is devoid (free) of government regulations, interference or control because the market is completely driven by demand and supply of goods and services.
Read more on market economy here: brainly.com/question/12653685
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Underground water like in a well can't clean itself because of man made pollutants, from large farms that seep through the ground. there is little agitation to keep it areated, and becomes stagnant, which develops bacteria and other pathogens to make us sick..
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