ECONOMIC IMPACT, Increased government military spending, Growth of weapons industries, Job creation in defense factories, Technological investment (Space Race funding 🚀), Higher taxes to fund war efforts, Reduced spending on healthcare and welfare, Industrial competition between USA and USSR, Trade restrictions between rival countries, Investment in nuclear weapons development, Economic pressure on smaller allied countries, SOCIAL IMPACT, Fear of nuclear war ☢️, Public anxiety and stress, Propaganda influencing opinions, Cold War spy fear and suspicion, Changes in school education (science & politics focus), Family worry about global conflict, Cultural competition (films, sports, space pride), Migration of scientists and workers, Trust issues between countries, Lifestyle changes due to tension and security measure
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