WORLD HISTORY

POST COLD WAR WORLD

INTEGRATION OF EUROPE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was an agreement after WWII to help revitalize the economy
A
Maastricht Treaty
B
European Economic Community
C
Treaty of Lisbon
D
European Union
Explanation: 

Detailed explanation-1: -On December 19, 1947, President Harry Truman sent Congress a message that followed Marshall’s ideas to provide economic aid to Europe. Congress overwhelmingly passed the Economic Cooperation Act of 1948, and on April 3, 1948, President Truman signed the act that became known as the Marshall Plan.

Detailed explanation-2: -In 1951 the six countries signed the Treaty of Paris, establishing the European Coal and Steel Community (ECSC). The plan behind the Treaty was to pool coal and steel resources under the management of a supranational body in order to ensure that war in Europe was not ‘merely unthinkable, but materially impossible’.

Detailed explanation-3: -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-4: -Many believe that the history of the European Union began after the end of World War II when European political leaders realized that the only way to maintain peace was through the economic and political integration of the countries.

Detailed explanation-5: -The Maastricht Treaty (formally known as the Treaty on European Union), which was signed on February 7, 1992, created the European Union. The treaty met with substantial resistance in some countries.

There is 1 question to complete.