COLD WAR ERA
IMPACT OF 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: -Political Legacy of the Marshall Plan The CIA used these funds to establish “front” businesses in several European countries that were designed to further U.S. interests in the region. The agency also allegedly financed an anti-communist insurgency in Ukraine, which at the time was a Soviet satellite state.
Detailed explanation-2: -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-3: -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-4: -The purpose of the Marshall Plan was to aid in the economic recovery of nations after World War II and secure US geopolitical influence over Western Europe. To combat the effects of the Marshall Plan, the USSR developed its own economic recovery program, known as the Molotov Plan.