This paper explains that the Nuclear Age, the nuclear arms race, and the Cold War began simultaneously, even before the end
of the World War II, when the United States and USSR were at the hub of reshaping the earlier Axis
territories. The author explains that the military expenses of the Cold War were a great burden to both sides; for the Soviet Union, its vast military power and expense meant that its people resided in underprivileged conditions, and in the United States, the military expenses exhausted the capital and aptitude that could have been used for the private financial system. The paper relates that, as the conflict between the United States and the Soviet Union increased, it was apparent that the US had a definite
technological advantage.