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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the threat of communism was diminished in countries that participated
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communist influence actually increased to the countries that received the financial aid
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the United States economy was nearly bankrupted by this giveaway program
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None of the above
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Detailed explanation-1: -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-2: -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.
Detailed explanation-3: -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-4: -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.