The Sucess of The Marshall Plan

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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