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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Containing Communism in areas affected after a war
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Providing resources to countries ravaged by war in order to prevent communism
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uncovering new sources of wealth to prevent an enemy from receiving resources
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Fighting wars by using other countries to stop Communism
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Detailed explanation-1: -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. Congress’s approval of the Marshall Plan signaled an extension of the bipartisanship of World War II into the postwar years.
Detailed explanation-2: -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-3: -The US government feared that a hungry, devastated Europe might turn to communism (as China would do in 1949). To stabilize the European economy, US Secretary of State George C. Marshall proposed a plan to provide Europe with $13 billion in economic aid.
Detailed explanation-4: -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.