POST WAR WORLD 1946 1959
THE MARSHALL PLAN
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Soviet Union gave up spreading communism
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Better produce coming from tropical locations
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Formed closer political and military connections with Europe
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Marshall become the president of US
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Detailed explanation-1: -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. Congress’s approval of the Marshall Plan signaled an extension of the bipartisanship of World War II into the postwar years.
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 US government feared that a hungry, devastated Europe might turn to communism (as China would do in 1949). To stabilize the European economy, US Secretary of State George C. Marshall proposed a plan to provide Europe with $13 billion in economic aid.
Detailed explanation-4: -The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II. It was enacted in 1948 and provided more than $15 billion to help finance rebuilding efforts on the continent.