1947: Hungary becomes a Soviet satellite after Hungarian Communists, backed by the Red Army, seize power while Prime Minister Ferenc Nagy is on holiday. Anti-Communist sentiment builds in the U.S. The Truman Doctrine announces plans to aid Greece and Turkey and proposes economic aid to countries threatened by Communist takeover. The CIA is authorized by Congress to counter Moscow's attempts to establish governments through local Communist parties in Western Europe.
Today: Communism has all but broken down since the collapse of the Berlin Wall. Revolutions in Czechoslovakia, Poland, and East Germany, as well as the break-up of the Soviet Union have eliminated many of the barriers between East and West. Eastern European countries are now undergoing a slow and difficult transformation to a market economy.
1947: New technology: the first commercial microwave oven is introduced by.....
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