To be quite clear, this unprecedented endeavor of the new world to help the old is neither sure nor easy. It is a calculated risk. It is a difficult program. And you know, far better than I do, the political difficulties involved in this program.
But there’s no doubt whatever in my mind that, if we decide to do this thing, we can do it successfully. And there’s also no doubt in my mind that the whole world hangs in the balance as to what it is to be.”
(MUSIC)
The United States offered aid through the Marshall Plan to all countries in Europe. The Soviet Union and its allies refused help. Sixteen other countries, however, welcomed the aid.
From nineteen forty-eight to nineteen fifty-two, administrators of the Marshall Plan worked with these countries. The United States spent thirteen billion dollars.
The plan worked. Agricultural production in Marshall Plan countries increased by ten percent. Industrial production increased by thirty-five percent. Production in some industries, such as steel, increased by much more.
There were political results, as well. Stronger economies helped prevent communists from gaining control of the governments in France and Italy.
Some Europeans criticized the Marshall Plan. They said it increased tensions between the United States and the Soviet Union in the years after the war. Yet few could deny that the plan was one of the most successful international economic programs in history.
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2013-11-25
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