Identify the event that took place in 1989 which led to the collapse of the ‘Second World’ and the end of the Cold War.

OR

The Soviet economy was more developed than the rest of the world except for the US after the end of the Second World War. Substantiate the statement with anyone example.

The event that took place in 1989 which led to the collapse of the ‘Second World’ and the end of the Cold War was the collapse of the Berlin wall and the unification of Germany

OR

The Soviet economy was more developed than the rest of the world except for the US after the end of the Second World War. This statement is explained below:

a. The domestic industry of the Soviet Union was well developed and manufactured a wide range of products.

b. They had vast energy resources and a well-established communication network.

c. It ensured the minimum living standards for its citizens.

d. There was an absence of unemployment.

e. The necessities such as health and education were subsidized by the government for the welfare of the people.