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effects of world war ii to the economy of United States
effects of world war ii to the economy of United States
effects of world war ii to the economy of 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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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.
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Indicators. United Nations, 7 July 2011. Web. 16 Nov. 2011. This data sheet shows the
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
George C. Marshall of appointed by Truman as the Secretary of State who did a commencement speech at Harvard University for restoring Europe. After the end of war, much of the European’s continent still lay in ruins. European received shipments of food, staples, fuel and machinery. There were about sixteen countries that helped aid Western Europe and they were Austria, Belgium, Denmark, France, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Sweden, Switzerland, Turkey, the United Kingdom, and western Germany. The Soviet Union did not trust the United States because they feared it was an attempt to weaken Soviet interest and also blocked benefits to Eastern Bloc countries creating their own Molotov plan. The goal was to help them get back on their feet after the devastation of the war. This was a good deed foreign policy. The plan helped so much that the national gross product grew as much as 25 percent. It put Western Europe back onto its feet. The plan funding ended in
The European Recovery Program (ERP), also called the Marshall Plan was a plan for foreign aid announced by Georges Marshall (Secretary of State of the US, 1947-1949), in June 1947 at Harvard University to help rebuild Western Europe largely destroyed by World War II (Holm, 2017, p. xv). Under the presidency of Harry Truman, the recovery program was designed in 1947 and adopted by law in April 1948. Thereafter, US$13 billion financial support, food aid and technical assistance were provided to Western Europe between 1948 to 1951 for the reconstruction of its economies and polities (De Long & Eichengreen, 1991. pp. 2, 14). Despite this act of generosity, the Marshall Plan was regarded as a political weapon used by the US to establish
The American economic policy with Europe also contributed in a vast amount. The policy had intentions to protect and encourage American
...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.
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.
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
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United Nations Publications. Commission for Social Development: Report on the Forty-fourth Session 18 February 2005 And 8-17 February And 22 March 2006. New York: United Nations Publications, 2006. Print.
World Bank. Independent Evaluation Group. World Bank (2013). Results and performance of the World Bank Group: Volume 1. Retrieved from World Bank website: http://siteresources.worldbank.org/PROJECTS/Resources/40940-1367867968385/2013_WorldBankforResults.pdf
Good morning everybody, by now all of you will have seen the morbid and shocking images on television. Known to man as one of the most damaging, disastrous and detrimental typhoons in history, Super Haiyan ravaged through our entire country leaving nothing to spare. Within a split second those which were known as our most prized possession were instantly consumed by the monstrous typhoon. Our initial reports show that this monstrosity left a wake of massive destruction that is unthinkable, unprecedented and horrendous. Thousands of neighbourhoods were left in ruins, thousands more were injured among those were children struggling with all their might to deny the horrible fact that their parents were lying on the ground, lifeless, cold, pale . The devastation is so staggering that I struggle to find words to describe the horrific events that have occurred.