The Sucess of The Marshall Plan
Truman Doctrine
CEEC (European Economic Cooperation) meets in Paris
April 2, 1948, Economic Cooperation Act that authorizes the Marshall Plan
Recovery From Post War
Presidential Speech
The Expansion of European Agricultural and Industrial Production
Dollar Gap
ECA loans bore an interest rate of 2.5% starting in 1952
Paid American sellers with checks drawn on American credit institutions.
June 30, 1949, $972.3 million of U.S. aid had been in the form.
Immediate food-related goods
Trade Liberalization and Economic Integration.
Results of the Marshall Plan
Contained Communism
American Export Ecomony Grew
25% Gross National Product increased
Good Deed Foreign Policy
Persuasion Away from Communism
Post WWII
Red Scare
US provided over $13 billion
Endorsed American way of living
4 Year Economic Plan for Europe
Europe had poor economies post WWII
Industrial production increased 200% during the 4 years
West Germany