As a result of the concept of nuclear deterrence during the cold war

The theory of deterrence is a term related to the use of nuclear weapons, which developed and gained pre-eminence as a military strategy during the Cold War. It gained a special status during this time as an inferior nuclear force, because of its extreme destructive power (provided that its forces were protected against a surprise attack), could deter a more powerful adversary. Deterrence is a strategy that tries to stop an opponent from initiating an action, or to carry out something that the other state does not want.

answer: capitalism and socialism are formal economies. the major differences between capitalism and socialism revolve around the role of the government and equality of economics. capitalism affords economic freedom, consumer choice, and economic growth.

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