Despite the chaos caused by World War II, an American Foreign Policy was developed. On March,1948, former President Harry Truman announced a new foreign policy during his speech on March 12 with its purpose to encounter soviet geopolitical expansion, also known as Cold War. Almost 15,000 people attended Marshall’s meeting without thinking of the powerful statement he was about to make. Approximately, two years after WWII, Truman performed a speech including a decision that eventually changed the economy of both U. S and affected countries. After WWII, the countries in Europe made little or no progress in rebuilding. Cities were destroyed, which made residents who lived there struggle after six years of war. The United States was able to recognize
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The plan is also part of the European Recovery Program (ERP). Marshall used the concept plan he developed as a method to rebuild economies and spirits of Western Europe. Throughout this speech, Marshall convinced he wanted to increase stability throughout Europe. The era of 1946-1947, European nations were devastated and struggled to recover after WWII. Economic prosperity keeps peace throughout the world, and allows for a country to have little incentive to attack other nations. Woodrow Wilson proposed that reducing tariffs would bring peace. Countries with strong trading relationships are unlikely to start war against their partners because it would affect the benefit of their citizens. More than a million of industrial workers were unemployed due to the lack of supplies and raw materials. Work factories were destroyed. Machinery were useless because there was no work or a factory to work in. The 1929 Stock Market Crash ended ten years of prosperity in the US, and the unemployment rate went up. The Crash decreased the production of American goods. This crash caused unemployment and wage reduction. Eventually, the standard of living had fell drastically and required assistance.The Soviet Union requested $10 billion in damages from Germany. However, Germany was still struggling with its economy and could not send any money due its economic condition. Throughout his speech, he stated, “Our policy is directed not against any country or doctrine but against hunger, poverty, desperation, and chaos. Its purpose should be the revival of working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist” By the time aid was delivered under the Marshall Plan ended in December 1951. “Our policy is directed not against any country or doctrine but against hunger, poverty, desperation and chaos. Its purpose should be
The plan is also part of the European Recovery Program (ERP). Marshall used the concept plan he developed as a method to rebuild economies and spirits of Western Europe. Throughout this speech, Marshall convinced he wanted to increase stability throughout Europe. The era of 1946-1947, European nations were devastated and struggled to recover after WWII. Economic prosperity keeps peace throughout the world, and allows for a country to have little incentive to attack other nations. Woodrow Wilson proposed that reducing tariffs would bring peace. Countries with strong trading relationships are unlikely to start war against their partners because it would affect the benefit of their citizens. More than a million of industrial workers were unemployed due to the lack of supplies and raw materials. Work factories were destroyed. Machinery were useless because there was no work or a factory to work in. The 1929 Stock Market Crash ended ten years of prosperity in the US, and the unemployment rate went up. The Crash decreased the production of American goods. This crash caused unemployment and wage reduction. Eventually, the standard of living had fell drastically and required assistance.The Soviet Union requested $10 billion in damages from Germany. However, Germany was still struggling with its economy and could not send any money due its economic condition. Throughout his speech, he stated, “Our policy is directed not against any country or doctrine but against hunger, poverty, desperation, and chaos. Its purpose should be the revival of working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist” By the time aid was delivered under the Marshall Plan ended in December 1951. “Our policy is directed not against any country or doctrine but against hunger, poverty, desperation and chaos. Its purpose should be