Explain the effect of the Cold War on the societies of both the Soviet Union and those of the United States and Western Europe.

In its course, the Cold War became a growing threat to world peace and when it reached its highest form of confrontation, as a direct and indirect consequence, numerous people suffered great misfortunes. Since the end of the war up until its subsequent century, the Cold War had many effects on nation-states and targeted them in many economical and social ways, for example in Russia, military spending was cut dramatically since 1991 creating a decline in the Soviet Union’s military-industrial sector. Such a dismantling left millions of employees (throughout the former Soviet Union) unemployed thus affecting Russia’s economy and military

the government closely monitored its finances to avoid another financial collapse.