THE COLD WAR 1950 1973
THE COLD WAR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It built up the western European armed forces.
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It helped rebuild and strengthen European economies.
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It forced Americans to take loyalty oaths to avoid losing their jobs.
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It created a military alliance among western European and North American nations.
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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: -The State Department proposed the policy of containment, known as the Truman Doctrine. In places where communism threatened to expand, American aid might prevent a takeover. This policy enabled the United States to contain communism within its current borders. The war left most of Western Europe in dire need.
Detailed explanation-3: -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-4: -It provided the Europeans with currency to buy US goods; it allowed rapid recovery and it provided a bulwark against the Communist parties of western Europe. The plan provided the conditions for rapid recovery, for both winners like Britain, and losers: Germany Italy and Japan.
Detailed explanation-5: -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. European reaction to Marshall’s speech was quick and positive.