In the Cold War, the United States (USA) and the Union of Soviet Socialist Republics (USSR) were at odds with each other because of strongly different worldviews. The USA was committed to capitalism and democratic institutions of government, whereas the USSR was committed to communism and imposed authoritarian government. Initially, the USA had atomic weapons and the USSR did not. (The US would not share that technology with the Soviets, who had been their ally in World War II.) But once the Soviets developed their own atomic weaponry, this led to a massive arms race between the superpowers. The two nations kept escalating their weapons capabilities and stockpiles. It got to the point that if the two sides did plunge into war, they would face mutually assured destruction. John Foster Dulles, the Secretary of State under President Eisenhower, wanted a change from what had been the "containment policy" which the US had followed during the Truman Administration, as recommended then by American diplomat George F. Kennan. Dulles felt the containment approach put the United States in a weak position, because it only was reactive, trying to contain communist aggression when it occurred. Dulles sought to push America's policy in a more active direction; some have labeled his approach "brinkmanship." In an article in LIFE magazine in 1956, Dulles said, "The ability to get to the verge without getting into the war is the necessary art." He wasn't afraid to threaten massive retaliation against communist enemy countries as a way of intimidating them.
Eventually (after decades of the arms race and tensions) the US and USSR would pursue policies of detente, which included pledges to reduce their nuclear arsenals. The arms race and solving the arms race were constant issues affecting the Cold War.
Central powers: (WW1)
Germany, Austria-Hungary, and Turkey
Axis Powers: (WW2)
Germany, Italy, and Japan
My teach told me as well put the central powers just in case.
Sorry if I am wrong.
<u>Answer:</u>
Yes, it is possible to balance the pursuit of private goods over public goods and this balance is a desirable goal.
<u>Explanation:</u>
The pursuit of private goods over public goods can be balanced with the help of various government policies and taxes. This balance is a desirable goal in order to maintain the economic growth of each strata in the society. It enables the below poverty line strata to have access to the basic necessities. Though private goods provide fast economic growth, public goods offer the wholistic growth of the economy.
John F. Kennedy during the space race between the Soviet Union and the US.