Kategorier: Alle - industrial - trade - communism - recovery

av Caroline Beard 2 år siden

163

The Sucess of The Marshall Plan

The Marshall Plan was a pivotal initiative launched by the United States to revitalize European economies after World War II. Enacted through the Economic Cooperation Act of 1948, it aimed to contain the spread of communism by promoting economic stability and growth.

The Sucess of The Marshall Plan

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