World Market, in current conditions, the sphere involved in the exchange of commodities and services between all countries, including those belonging to opposite social systems. The expansion of capitalism and the drawing into world economic circulation of all the countries of the world to one extent or another resulted in the emergence of the world capitalist market (see World Market, Capitalist). The victory of the socialist revolution in Russia and subsequently in other countries led to the appearance of the world socialist market (see World Market, Socialist). The two world markets are based on the two systems of the international division of labour—socialist and capitalist (see Division of Labour, Capitalist International; Division of Labour, Socialist International). The functioning of the socialist and the capitalist world markets and the corresponding systems of the international division of labour does not preclude economic relations between countries belonging to different social systems. Lenin characterised the ties that the young Soviet Russia developed with the capitalist countries as follows: "There is a force more powerful than the wishes, the will and the decisions of any of the governments or classes that are hostile to us. That force is world general economic relations, which compel them to make contact with us" (V. I. Lenin, Collected Works, Vol. 33, p. 155). Economic 394 relations between countries belonging to the two world social systems are based on the development of the world division of labour, which creates objective conditions for establishing stable trade relations on the world market, extending economic ties between socialist and developed capitalist countries, and economic cooperation between socialist and developing countries. Certain political factors are also conducive to relatively favourable conditions for developing the world market: of considerable importance is the collapse of the colonial system of capitalism and the emergence of a large group of young states which are engaged in the struggle against imperialism and are interested in expanding cooperation with the countries of the socialist community. Successes achieved during the 1970s in the policy of detente facilitated the development of economic relations between countries belonging to the two world systems. In their attempt to stop detente from developing further and limit economic ties with the socialist countries, the most reactionary imperialist circles, those of the USA in the first turn, encountered strong resistance by people around the world, business communities included, particularly in Western Europe. In the 1960s and 1970s the world market was noted for the high growth rates of commercial and other economic relationships between the socialist countries on the one hand, and the capitalist and the developing countries on the other. The extension of economic links between countries belonging to th’e two world systems generates certain conditions needed for producing and selling commodities and services on the world market, and the emergence of particular organisational forms, e. g., conclusion of long-term interstate economic and trade agreements, production cooperation agreements, etc. The socialist countries are fighting-to establish stable, mutually beneficial and genuinely equitable relations on the world market with no discrimination or imperialist exploitation. The growing role that the socialist countries play in world economic relations has spelled the end of the imperialist powers’ monopoly of the foreign trade of their former colonies; conditions are being created which enable the young states to become economically independent from the imperialist powers. Participation in world trade serves to make production more effective through the development of international specialisation and cooperation and the stimulation of technical progress by applying the advanced experience other countries have attained.