W.54: Reconstruction of Europe

What happened to factories and industrial centers in Europe after World War II?

• They increased production

• They were bombed and halted production

• They were converted to museums

• They were relocated to rural areas

What economic issue soared due to shortages after World War II?

• Deflation

• Inflation

• Economic growth

• Currency stability

What was a consequence of the economic collapse in Europe after World War II?

• Decrease in unemployment

• Increase in foreign investments

• Rampant unemployment

• Stable job market

What was a political consequence of World War II in Europe?

• Strong and stable governments

• Weak governments and uncertainty about the future

• Establishment of new monarchies

• Unification of all European countries

How much economic assistance did the United States provide to European countries between 1948 and 1952?

• Over $10 billion

• Over $13 billion

• Over $15 billion

• Over $20 billion

What organization was created in 1948 as a result of the Marshall Plan?

• United Nations

• Organization for European Economic Cooperation (OEEC)

• European Union

• North Atlantic Treaty Organization (NATO)

What was the main concern that led to the implementation of the Marshall Plan?

• Spread of communism

• Economic competition

• Military aggression

• Cultural differences

What was one of the key areas where the Marshall Plan funds were used?

• Military expansion

• Industrial and Infrastructure Rebuilding

• Space exploration

• Cultural exchange programs

What was the purpose of food shipments under the Marshall Plan?

• To promote cultural diversity

• To combat starvation

• To increase tourism

• To support military operations

How did the Marshall Plan help European currencies?

• By devaluing them

• By stabilizing national currencies

• By converting them to dollars

• By eliminating them