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The cause and effects of World War II in Europe
Effects of World War II on the economy of the United States
Impact of World War II
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Recommended: The cause and effects of World War II in Europe
The European Recovery Program, or the Marshall Plan as it is more commonly known, was vital in sparking economic recovery in Europe between 1948 and 1951. Through this plan, over $13 billion was used to finance said economic recovery which would further restore Europe’s confidence in terms of its economic future. This American initiative to help Western European countries recover from the detrimental effects of World War II, aided in rebuilding devastated regions, get rid of trade barriers, make industry more modern, prevent communism from spreading and also helping Europe to grow and prosper once again. This reconstruction plan was developed at a meeting of various European states and came into effect in July of 1947. Aid was also offered …show more content…
United States Secretary of the Treasury, Henry Morgenthau, Jr. devised a plan for the occupation of Germany which was proposed in a memorandum and was called the Morgenthau Plan. In this plan, Morgenthau called for harsh measures to make sure that Germany could not go to war again. The plan proposed for Germany’s armament industry to be eliminated and also for various other industries to be removed if they contributed to Germany’s military strength as a means to eliminate Germany’s ability to wage war. This plan not only was intended to make sure Germany could not wage war but also came off as a way to punish Germany for the devastation of World War II. To do this, the plan suggested dividing Germany into two smaller states- northern and southern- and also destroying their industry. Contrasting from the Marshall Plan – which included Germany in its aid of Europe- no help was offered in the original form of the Morgenthau Plan. Rather than aiding in renewing and revitalizing the country and its industry and economy, the Morgenthau Plan truly came off as a means of punishment as it would leave Germany deindustrialized and unstable as well as divided and powerless. The Marshall Plan was a sequence of economic policies and reforms that helped to strengthen Western European countries whereas the Morgenthau Plan was an underprivileged policy choice that would force Germany into a state of decline …show more content…
With regard to denazification- which was an important point in the after math of World War II- positive repercussion were also produced. An important factor in denazification was not just concerning those that performed the atrocious acts of violence during the war but also German civilians. Initial American methods of denazification included re-education which was harsh and also hard for German people to accept, causing resentment towards the United States. With the Marshall Plan, Germany was provided with money and necessities and aid in stabilizing their destroyed economy. This help eased tensions between the German people and the United States military. With less tension and resentment, leaving behind the Nazi regime and their ideas were left
From 1948-1952 the US invested $13 billion toward reconstruction while simultaneously loosening trade barriers. To avoid the postwar chaos of World War I, the Marshall Plan was designed to rebuild Western Europe, open markets, and win European support for capitalist democracies. The Soviets countered with their rival Molotov Plan, a symbolic pledge of aid to Eastern Europe. Polish leader Józef Cyrankiewicz was rewarded with a five-year, $450 million dollar trade agreement from Russia for boycotting the Marshall Plan. Stalin was jealous of Eastern Europe. When Czechoslovakia received $200 million of American assistance, Stalin summoned Czech foreign minister Jan Masaryk to Moscow. Masaryk later said that he “went to Moscow as the foreign minister of an independent sovereign
The European Union has been helped economically ever since World War II. Right after World War II’s end, Europe was struggling to hold on. The countries of the modern-day European Union thought it would be a good idea to come together and help each others struggling economy. To this day, this decision has had a very positive outcome on the EU’s economy. As shown in Diagram 1, the European Union combined together has the world’s highest GDP at 18.3 Trillion USD as compared to the United States’ 17.4 Trillion USD GDP and China’s 10.4 Trillion USD GDP. The idea
The U.S. wanted to lead not only because it alone could have helped the international community overcome its problems, but feared that it is most likely to be hurt if it does not act. Following the victory in World War II, the U.S. led the efforts to create United Nations and NATO and also facilitated formation of new regimes in some countries to promote democracy, economic recovery, development, and prosperity which benefited those countries and their people and
During 1940-1970, the USSR and the USA were the world’s leading superpowers. After WW2, it was the US money that helped rebuild nearly all of Western Europe, putting nearly half a dozen countries into debt. They opened trade and helped Europe’s ravaged economy to get back onto its feet. They did so by creating the ‘Marshall Plan’ on June the 5th, 1947. The plans aim was to reconstruct Western Europe and at the same time to stop Communism spreading to them – the Americans were avid believers in the Domino Theory, and believed that communism would take over all of Europe if they did not intervene. They also created other policies such as the Truman doctrine on March the 12th, 1947 (which is a set of principles that state that the US as the worlds ‘leading country’ will help out other democratic governments worldwide) and NATO, 4th of April 1949.
and other countries.People may argue that the foreign policies made at this time were ineffective. The Marshall Plan spent a lot of the U.S. money to rebuild and help countries in Western Europe recover from the war. Americans may not have appreciated the fact that the U.S. government decided to give other countries money when it could have been used for something more important in the U.S. The Truman Doctrine let the U.S. be in a close distance to the Soviet union and their buffer contraries, therefore provoking them and creating more unneeded tension. The idea of communism needed to be stopped but these policies may not have been the correct approach. The U.S. should have been constantly trying to negotiate with them even if they did not want to. Besides the fear of communism, people may argue that the domestic affairs were overall very good in the U.S. The economy was striving and many people had enough money to buy houses, foods, supplies, cars, and other discretionary items. The women that took over men’s jobs during the war made good money and had a lot of savings. Therefore, when the war was over they were able to help support their returning partners or family members. From the late 1940s to the early 1950s, millions of children were born, known as the Baby Boom. Also, the G.I. Bill was passed to help anyone who fought in the war, worked in factories that made supplies for the war, and anyone who did anything to help the war effort start their new life. The G.I. Bill did not include women, African Americans or Jewish people only white men. The government paid for these people to go to college, get higher paying jobs, and even get new
After World War II, many countries have serious problems in almost all areas, political, social and economic. At one of the winners of the major issues after the war were the German question and the reason for the conflict between them, and led to the division of Germany and Europe.
After the end of World War II, the United States went through many changes. Most of the changes were for the better, but some had an adverse effect on certain population centers. Many programs, agencies and policies were created to transform American society and government.
On October 29, 1929 marks the official opening of the Great Depression. During 1933, the unemployment rate in United State reached 25%; it was not until the second quarter of 1933 where the US economy started to reclaim. President Franklin D. Roosevelt formed the foundation of the New Deal within the First Hundred Days when he came into power. To determine the New Deal Program’s role during the Great Depression, the sources used in this investigation include: The Great Depression and the New Deal by Robert F. Himmelberg, and Depression Decade: From New Era through New Deal, 1929-1941 by Broadus Mitchell. There will also be a discussion involving World War II’s role in ending the economic crisis. A journal article “The Reality of the Wartime Economy” by Horwitz, Steven and McPhillips, Michael J. will help disperse the theories behind Second World War.
The World War II, also called The Second World War, began when the Germans invaded Poland in 1939, and when the Germans and the Japanese finally surrendered in 1945, the War ended. The United States entered the war after the Japanese bombed Pearl Harbor, Hawaii, on December 7th, 1941. During World War II, the world was divided into two major forces: Axis and Allies. The United States, Britain, The Soviet Union and the French resistance were the Allies, while Germany, Italy, and Japan were the main powers that formed the Axis. Throughout this time, the United States was giving all kinds of support to the Allies, such as armies, weapons, money and other things. The economic development in the United States had become much stronger and more powerful during World War II, and United States learned how to handle economy better than any other countries since then. The president during World War II, Franklin D. Roosevelt, has done a great deal of things, both good and bad, to resolve the problems of United States’ economy crisis during his time. The most important thing he has done to the economy was that he designed all kinds of programs to explain his three R’s: Relief, Recovery, and Reform. Because of the success of President Roosevelt’s three Rs, the American governments participated in economic affairs thoroughly, and has remained so up to this day.
The Marshall Plan was the United States sponsored program designed to rehabilitate the countries of Europe that suffered the incredibly damaging consequences after World War II. Western Europe’s real attitude toward economic union came about when they avoided discussion of a European free trade area, offered to them as an alternative in the Marshall Plan (Rebuilding Europe After World War II). When communist forces took over Czechoslovakia in 1948, the United States Congress realized the seriousness of the Soviet threat to European democracy. They voted for full funding of the European Recovery Program (the Marshall Plan). The USSR rejected contributions from the Marshall Plan, due to the conditions that accompanied it, such as allowing United States supervision of the participant's economy, and to be part of a unified European economy based on free trade (European-United States History). Under t...
At the end of World War One, Germany was required to pay a large sum of money to the Allies consequently resulting in the German Depression. The sum Germany had to pay was set after the Treaty of Versailles was enacted at approximately six billion, six hundred million – twenty-two billion pounds, (World War Two – Causes, Alan Hall, 2010). The large amount of reparations that Germany had to pay resulted in a depression and angered the Germans because they thought it was an excessive amount of money to pay, (World War Two – Causes) The Germans hatred of the Treaty of Versailles was of significant importance in propelling the Nazis to power. Germany could not pay their reparations and was forced into a depression, (World War II – Causes). The Treaty of Versailles deprived Germany of its economic production and its available employments, (World War II – Causes). The German Depr...
...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.
The second large step in containment was the Marshall Plan. Proposed by Secretary of State George Marshall, it would provide economic relief to rebuilding Western European nations such as Great Britain, France, Belgium and even...
Its all-economic, technical, military assistance to such countries would be meant to block Communism. It considered Soviet expansion a fear for itself and its Allies. It therefore further developed a Master Plan to build the dwindling economies as well as the North Atlantic Treaty Organization (NATO). In this purview, the United States continued its involvement in the World politics, to maintain its role as World leader. To show the Third World that the United States was willing and capable to stand up to communism anywhere in the World.
World War II caused astonishing amount of death, warfare, and loss. A large portion of the death caused occurred in Nazi Germany as the terrible war waged on. Keeping the horrendous actions hidden from other countries, and even their own people was one of their largest successes with terrible results. When Germany surrendered in World War One the German population was not aware of the terrible consequences there would be, or that there would be any consequences at all. They were shocked and appealed to find that they were in such big trouble. This set the stage for two very infamous figures in German history, Adolf Hitler and Joseph Gobbles. They would create a sense of unity between German citizens again. However this would happen at a huge cost. The Nazi party used many different tactics to form a fatal sense of nationality in Germany.