POL 2001 Study Guide - Midterm Guide: Yalta Conference, World Trade Organization, Nato
Document Summary
Devastation of war leaves european countries in bad positions. After communist revolution in 1917, russian empire became union of soviet. Communism- common ownership of everything in the economy. In theory, everyone is equal and everyone gets to keep more of the value produced by their labor. In practice, has been associated with gov. Agree to free elections in all liberated countries. Stalin went back on his promise from yalta, he establish communism in newly formed countries from soviet union. Soviets also put pressure on greece , turkey, iran. Truman announced the policy of containment known as the truman doctrine. U. s. would not directly seek to roll back communism where it was already established. But prevent its spread to other countries. Replace league of nations and act on eventx. Real power in the security council: enforcement arm for peace. All five permanent member have a veto over voting. Gatt - trade nondiscrimination agreement- became world trade organization.