Assess the strengths and weaknesses of the economic revival of Western Europe between 1945-1970.

814 Words Dec 18th, 2003 3 Pages
World War Two left Europe in state of economic distress. The war had left many areas of Western Europe in complete ruin, and the world 's major industrial areas were brought to disintegration. Western Europe could not longer conduct the prosperous trade in which it once participated in. In this state of devastation, both the Soviet Union and the United States reached out to lend a hand to help economical revival in Western Europe. Since communism was firmly rebuffed in Western Europe, and the Soviet Union was a communist country, the United States ' aid was accepted to help Western Europe begin its long period of economic revival. Through the Marshall Plan, Europe began to rebuild its factories, farms and transport systems, which had been …show more content…
Although this plan was not perfect, it hastened economic recovery. But although this plan was very beneficial, like anything else, it had negative side effects. In this case, the Marshall Plan created a severe separation between the Soviet bloc and the West.

Western Germany also became well on it way to economic revival. The currency reform of 1948 initiated economical revival and expansion. Western Germany benefited from the Korean War of 1950, for the

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