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 united the region into one political alliance.
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It provided military protection against the spread of communism.
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It provided billions of dollars in aid to the region.
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It established democratic governments in the region.
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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: -During the four years, the plan was in effect, the United States donated $17 billion (equivalent to $214.29 billion in 2021) in economic and technical assistance to help the recovery of the European countries that joined the Organisation for European Economic Co-operation.
Detailed explanation-4: -The Marshall Plan was a U.S.-sponsored program designed to rehabilitate the economies of 17 western and southern European countries in order to create stable conditions in which democratic institutions could survive in the aftermath of World War II.