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The cold war made Germany an economic powerhouse. Germany's coal and steel were assisting the French industry and lower countries as well. Western Europe was becoming very competitive with the U.S. in industry and in creating a consumer society. Unemployment was low, new technologies were being produced and the rate of investments were high. Political parties were formed as well. The right to welfare also assisted in economic growth.
Americans were affected by the cold war by their growing nuclear capabilities. Democratic localism was also enforced to keep the government at bay, allowing people to make their own economic decisions...
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