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Marshall plan

Danielle Trujillo. Marshall plan. Europe was devastated from WWII Industrial production had slowed Agriculture had been destroyed People could not access food ("Importance Of The Marshall Plan To Economic Recovery In Europe In The Post War Era"). Why was it needed?. Food rationing

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Marshall plan

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  1. Danielle Trujillo Marshall plan

  2. Europe was devastated from WWII • Industrial production had slowed • Agriculture had been destroyed • People could not access food • ("Importance Of The Marshall Plan To Economic Recovery In Europe In The Post War Era") Why was it needed?

  3. Food rationing • Power shortage • Coal problems • Extreme weather conditions • ("Importance Of The Marshall Plan To Economic Recovery In Europe In The Post War Era") Problems occurring in Europe

  4. Prior to the Marshall Plan, the United States was providing financial aid to Europe to help them with recovery. • Over $13 Billion in financial aid was provided • ("The Marshall Plan") Financial aid

  5. Aid initially consisted of • Food • Staples • Fuel • Machinery • And later investment in industrial capacity in Europe • ("The Marshall Plan") Additional aid

  6. Created by George Marshall • Official name was European Recovery Program (ERP) • Intended to rebuild the economies of Western Europe. • ("The Marshall Plan") origins

  7. Countries Aided • Austria • Belgium • Denmark • France • Greece • Iceland • Ireland • Italy • Luxembourg • The Netherlands • Norway • Portugal • Sweden • Switzerland • Turkey • The United Kingdom • West Germany • ("Marshall Plan")

  8. The United States felt that it was important to aid Europe in their economic recovery because • They feared the conditions in Europe would facilitate the spread of communism • ("Marshall Plan") Political connotations

  9. Germany was still trying to deal with repercussions of WWI • Other European countries were not supportive of German recovery • They may not have recovered if the U.S. hadn’t aided them • Marshall Plan ensured German exports in Europe • ("Importance Of The Marshall Plan To Economic Recovery In Europe In The Post War Era") Reconstructing germany

  10. Industrial and agricultural production was restored. • Trade expanded • Financial stability was established • Western European chemical, engineering and steel industries were renewed. • ("Marshall Plan") Economic recovery

  11. End of marshall plan (Ellis-Christensen)

  12. Many believe that if it were not for the Marshall Plan, Europe would still be struggling with economic challenges. • It made reconstruction of Germany possible. • ("Importance Of The Marshall Plan To Economic Recovery In Europe In The Post War Era") Why it was important

  13. "The Marshall Plan." George C. Marshall Foundation. N.p.. Web. 11 Apr 2013. <http://www.marshallfoundation.org/TheMarshallPlan.htm>. "Importance Of The Marshall Plan To Economic Recovery In Europe In The Post War Era." Articles Base. N.p., 01 Mar 2010. Web. 11 Apr 2013. <http://www.articlesbase.com/business-articles/importance-of-the-marshall-plan-to-economic-recovery-in-europe-in-the-post-war-era-1924449.html>. Sources

  14. "Marshall Plan." Encyclopedia Britannica. N.p.. Web. 11 Apr 2013. <http://www.britannica.com/EBchecked/topic/366654/Marshall-Plan>. Ellis-Christensen, Tricia. "What was the Marshall Plan?."Wise Geek. N.p.. Web. 11 Apr 2013. <http://www.wisegeek.org/what-was-the-marshall-plan.htm>. Sources

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