POST WAR WORLD 1946 1959
KOREAS PARTITION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Domino Theory
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Sputnik 1
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The Marshall Plan
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G.I. Bill of Rights
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Detailed explanation-1: -This aid provided much needed capital and materials that enabled Europeans to rebuild the continent’s economy. For the United States, the Marshall Plan provided markets for American goods, created reliable trading partners, and supported the development of stable democratic governments in Western Europe.
Detailed explanation-2: -Historians have generally agreed that the Marshall Plan contributed to reviving the Western European economies by controlling inflation, reviving trade and restoring production. It also helped rebuild infrastructure through the local currency counterpart funds.
Detailed explanation-3: -The plan had two major aims: to prevent the spread of communism in Western Europe and to stabilize the international order in a way favorable to the development of political democracy and free-market economies.