This three-page undergraduate essay begins by explaining the meaning of the phrase, "from the Cold War to the Global Marketplace," and examines how, why, and when the transition from the former to the latter took place. The author explores why communist economies failed for decades, why the Cold War contributed to this failure, and why the people of the communist world finally rejected communism in favor of free market economies. The paper concludes that the Cold War benefited no one, while the Global Marketplace can benefit everyone who participates.
