USA HISTORY

THE COLD WAR 1950 1973

THE COLD WAR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How did the Marshall Plan help Europe rebuild?
A
it provided manpower to help rebuild cities.
B
it created a series of alliances between major world powers
C
it provided funding to European countries to rebuild the economy
D
it dissolved the German government
Explanation: 

Detailed explanation-1: -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. The brainchild of U.S. Secretary of State George C.

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: -During the next four years, the United States provided over $13 billion in aid to 16 Western European nations, including West Germany. (That is more than $100 billion in today’s dollars.) increase industrial and agricultural production by rapidly rebuilding factories, railroad, bridges, etc.

Detailed explanation-4: -The Marshall Plan (officially the European Recovery Program, ERP) was the American initiative to aid Europe and Asia, in which the United States gave $17 billion (approximately $160 billion in current dollar value) in economic support to help rebuild European economies after the end of World War II.

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