Socialism during the Cold War

 The former Soviet Union is an example of a socialist system. They transitioned from a capitalistic to a socialistic government until 1991. Cuba is an example of a socialist nation. Its economy is state-run, and it lacks a stock exchange. In a capitalist state, the economy is largely free from state control, while the government is democratically elected and freedom of speech is cherished. In contrast, a communist state is administered from the centre, with control of the economy and society strictly in the hands of the Communist Party-led government.

Explanation:

panamal canal treaty and iran hostage crisis hope this

monopolies  came to the united states with the colonial administration. the large-scale public works needed to make the new world hospitable to old world immigrants required large companies to carry them out. these companies were granted exclusive contracts for these works by the colonial administrators. even after the american revolution, many of these colonial holdovers still functioned due to the contracts and land

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