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They were able to rebuild… because the US funded it. The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Wester
by 35208654 3y ago
They were able to rebuild… because the US funded it.
The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II. It was enacted in 1948 and provided more than $15 billion to help finance rebuilding efforts on the continent.
That’s about $187B in 2022 dollars. In addition to technology and trade.
… followed shortly after Breton Woods, which secured trade for the rest of the world in exchange for not joining up with the Soviets.