The first major event in 1949 was the Soviet Atomic Bomb Test. This shocked the US because it didn't expect the Soviets to have this weapon this early on. This event led to many Americans scared for their own safety. As a response, the US started expanding its weapons.
Other events include the formation of the North Atlantic Treaty Organization (NATO) by the US. The Soviets responded by forming the Warsaw Pact to counter the threats posed by NATO.
Nowhere was the struggle more complex than in Texas!
Answer:
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Explanation:
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<u>Answer:</u>
The economic philosophy that Andrew Carnegie is referring to in this quote is capitalism.
<u>Explanation:</u>
It is clear from the terms used and the process described in the quote that the philosophy Andrew Carnegie is referring to is none other than capitalism. It is because Carnegie is speaking about 'competition' which according to him is beneficial in the growth.
The term 'material development' also clarifies that the quote is in the praise of capitalism. Moreover, Andrew Carnegie was himself a capitalist.
