Question

why is the second red scare significant in us history? plz help finals thursday!

Answer 1

First Red Scare, from 1919 to 1920, and the Second Red Scare, from 1947 to 1957.

The first Red Scare began following the Bolshevik Russian Revolution of 1917 and the intensely patriotic years of World War I as anarchist and left-wing political violence and social agitation aggravated national, social, and political tensions.

The second Red Scare occurred after World War II (1939–45), and was popularly known as "McCarthyism" after its most famous supporter and namesake, Senator Joseph McCarthy. McCarthyism coincided with increased popular fear of communist espionage consequent to a Soviet Eastern Europe, the Berlin Blockade (1948–49), the Chinese Civil War, the confessions of spying for the Soviet Union given by several high-ranking U.S. government officials, and the Korean War.

Both had massive impacts in general.

Answer 2

Majority of democratic countries held majority of the global money.