HISTORY
THE COLD WAR ERA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The U.S. gave foreign aid to Eastern Europe
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Gave supplies to citizens in West Berlin
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Gave resources that Eastern European countries needed
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The U.S. gave foreign aid to Western Europe
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Detailed explanation-1: -Fanned by the fear of Communist expansion and the rapid deterioration of European economies in the winter of 1946–1947, Congress passed the Economic Cooperation Act in March 1948 and approved funding that would eventually rise to over $12 billion for the rebuilding of Western Europe.
Detailed explanation-2: -Marshall’s speech called on European nations to work with each other and the United States on economic recovery, rather than to simply receive an injection of financial aid to rebuild Europe. In return, it was believed democracy as well as peace and prosperity would flourish worldwide.
Detailed explanation-3: -Aid was originally offered to almost all the European countries, including those under military occupation by the Soviet Union. The Soviets early on withdrew from participation in the plan, however, and were soon followed by the other eastern European nations under their influence.
Detailed explanation-4: -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.