• 1945-1991
  • Clash of ideology
  • Unofficially started in 1917
  • Period of distrust and misunderstanding
  • Capitalism is when an economic and political structure where private proprietors, acting for their own financial gain, control a nation's trade and industries.
  • Communism is a theory or method of social organisation where everyone shares in the community's ownership of all property and gives and gets based on their needs and abilities.
  • Capitalist believed in:
    • Laissez Faire Economy (Free Market Economy)
    • Privatisation of resources
    • Freedom of the press
    • The ability to criticise the government
    • More economic freedom
  • Communist believed in:
    • Nationalisation of resources
    • Equal Pay for equal work
    • State Control of industries
    • No freedom of the press
    • Abolition of the private sector
    • Communism ultimately leads to a dictatorship or authoritarian government
  • Domino Theory-
    • If one nation became communist, neighboring nations would follow
    • Many African and Asian countries gained independence
    • Under developed nations likely to follow communism
    • This applied especially in Vietnam since its neighbouring nation, China was already a communist.
      • It became more severe in Vietnam due to the fact that China’s neighbouring nation was the USSR.
      • Ho Chi Minh was also trained in the USSR (specifically Moscow) which meant he already had a communist ideology.