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Effects of World War II on the economy of the United States
Effects of World War II on the economy of the United States
Effects of World War II on the economy of the United States
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Throughout history America has always been known as being one of the first countries to step in to help or fix a problem. This was the same case when it came to the Marshall Plan. Although many may say the Marshal Plan is another example of imperialism in the guise of help, this is not the case because was it fulfilling its moral responsibility to help those in need.
World War II was a devastating war that lasted from about 1939 to 1945. When many think of World War II, they think of the devastation until the end of the war, but the truth was that the aftermath of the war in Europe was tremendous; millions of people dead and thousands left homeless, hungry, and unemployed. Factories, railroads, bridges, electric power plants, and water systems were damaged and/or destroyed. Farmers suffered from drought and when they brought their products to market, city dwellers could not afford to buy their produce ("The Marshall Plan for Rebuilding”). In Keith Lowe’s book Savage Continent: Europe in the aftermath of World War II he describes the aftermath by saying
Imagine a world without institutions. No governments. No school or universities. No access to any information. No banks. Money no longer has any worth. There are no shops, because no one has anything to sell. Law and order are virtually non-existent because there is no police force and no judiciary. Men with weapons roam the streets taking what they want. Women of all classes and ages prostitute themselves for food and protection (Lowe).
Europe needed help and assistance to get back on their feet. (Many other countries were limited in their ability to render assistance due to their involvement in the war and the physical devastation as a result of war. The United States also was...
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"Key Accomplishments." U.S. Agency for International Development. N.p., 23 Aug. 2013. Web. 12 Jan. 2014.
Lowe, Keith. "After WWII." Npr Books. N.p., 24 July 2013. Web.
"The Marshall Plan for Rebuilding Western Europe." Constitutional Rights Foundation. N.p., Summer 2004. Web. 12 Jan. 2014.
"The Marshall Plan Speech." Organisation for Economic Co-operation and Development. N.p., n.d. Web. 12 Jan. 2014.
Shah, Anup. "Foreign Aid for Development Assistance." Global Issues. N.p., 8 Apr. 2012. Web. 12 Jan. 2014.
Staff, CNN. "Typhoon Haiyan Death Toll Tops 6,000 in the Philippines." CNN. Cable News Network, 13 Dec. 2013. Web. 10 Jan. 2014.
"Typhoon Haiyan - U.S. Government Assistance." U.S. Department of State. U.S. Department of State, 18 Dec. 2013. Web. 12 Jan. 2014.
"USAID History." U.S. Agency for International Development. N.p., 4 Oct. 2013. Web. 12 Jan. 2014.
Royer, Jordan. “Hurricane Sandy and the importance of being FEMA”, Crosscut.com, Crosscut.com, Web. 1 Nov 2012, 3 May 2014.
The United States Agency of International Development (USAID) has published five strategic goals. Under these goals the USAID has formulated a total of thirteen objectives to give the strategy a more specific direction. In these
World War II, global military conflict that, in terms of lives lost and material destruction, was the most devastating war in human history. It began in 1939 as a European conflict between Germany and an Anglo-French coalition but eventually widened to include most of the nations of the world. It ended in 1945, leaving a new world order dominated by the United States and the USSR.
...agasaki." Center for Strategic and International Studies. N.p., 10 Aug. 2012. Web. 16 Mar. 2014.
"History, UN, United Nations, Charter, Chronology." UN News Center. UN, n.d. Web. 28 Nov. 2013. .
... have status, you don’t have a government.” The people were hopeless and helpless. The government didn’t give out a fair amount of money to help the people survive.
The European Recovery Program (ERP), closely modeled after the Truman Doctrine’s policy of supporting Greece and Turkey, was announced in June 1947 by General George Marshall in his speech at Harvard University. He stated there that the ERP was directed against hunger, poverty and chaos, not against any county or doctrine. In order to solve the post-war disorder in Europe, to prevent left-leaning governments from rising up in reaction to Nazi occupation, and for humanitarian reasons, the United States loaned money and material support worldwide. This is most commonly known as the Marshall Plan.
Little did he know, this twelve-minute speech managed to change the course of history and the fate of a devastated Europe after World War II. This led to the implementation of the Marshall Plan, otherwise known as the “European Recovery Program”, and the Truman Doctrine. Not only did they revolutionize the European economy, but they were able to bring about political change by containing the spread of communism. Both programs also provided a transition into the creation of new political institutions like NATO and the European Community of Steel and Coal. The Second World War likewise denoted the start of the end of world colonialism as patriot developments started to triumph over debilitated pioneer domai...
...thin the Marshall Plan, all four foreign policies are addressed with special concentration on manifest destiny in order that we might assist European governments. Upon the rebuilding of Europe, the U.S. was once again able to expand its economic markets.
De Long and Eichengreen thought that “the Marshall Plan should thus be thought of as a large and highly successful structural adjustment program.” (De Long and Eichengreen 5). It was because the post-World War 2 reconstruction of Western Europe was much faster than the previous World War and compared to Eastern Europe. Charles Kindleberger said that Postwar Europe was a “supergrowth” since the Marshall Plan created a dynamic economic growth which much stronger than the growth of Europe previously. Also, the Marshall Plan boosted European Integration since it was considered as necessary to maintain the peace and growth. The Marshall Plan was used as a guideline to form integration, thought it was failed, however the thought of European Integration eventually grow as the form of European
Shah, Anup (2005, November 13). Hurricane Katrina. Global Issues. Retrieved from mhtml:file://F:Hurricane Katrina—Global Issues. mht
Unlike what most of the people were expecting, the war had horrible devastations. At least 10 million soldiers died in war while 21 million were wounded. Civilians faced dangers and hardships since the world experienced food shortages. Economies were neglected because every effort was directed towards the support for the war. Hunger, influenza pandemic and other diseases caused civilians to die not only in warring countries but even in neutral c...
MacMillan, Margaret. Rebuilding the world after the Second World War. The Guardian. 11 September 2009. Web. 11 November 2013
After WWII, the United States made the Marshall Plan. The Marshall Plan is the largest aid program and it provided money to European countries and eventually Turkey. One of its goals was to promote international trade. During this time, communi...
A direct influence of this Doctrine was the Marshall Plan. The Marshall Plan was designed to give aid to any European country damaged during WWII. It tremendously helped ravaged European Nations such as Italy and France. By helping them economically, The Marshall Plan indirectly helped to suppress growing Communist sentiment in these countries.