1. + Rebuilding Europe Objective: Analyze the Marshall Plan and attempts to rebuild Europe Std 11.7.8

2. + Potsdam Conference SU wanted money from Germany Agreed only take money from controlling areas US got access to raw materials in Western Europe Wanted goods in Eastern Europe with opportunity to trade SU did not allow access to Eastern Europe

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4. + Aid to Western Europe After war Europe was devastated Winter ‘47 damaged major crops. Fuel shortage Widespread hunger, poverty, chaos, desperation Stop spread of Communism

5. + Marshall Plan Provide money to stop spread of communism Offered money USSR and Allies – none accepted

6. + Marshall Plan Focused on future not destruction 3 Main goals Use American efficiency Reduce trade barriers Sense of hope and self reliance

7. + Europe effects on US Economy Started as money to import goods US was happy to supply raw materials Agricultural goods Food fuel Created continental system to rebuild Europe Industry increased 35% after Marshall Plan Agriculture higher than Pre-war Stopped due to Korean War