1948: EUROPE'S POST WAR RECOVERY

In 1947, US Secretary of State George C. Marshall proposed a plan to aid Europe's recovery by providing financial support for food and raw materials. While France and Britain were eager to accept, the Soviet Union opposed the plan. Consequently, 16 democratic nations formed the Organization for European Economic Cooperation (OEEC) to coordinate their economic recovery. Various countries, including Norway, Italy, Turkey, and Ireland, submitted requests for aid to rebuild their economies.

What was the main condition of the U.S. for providing financial support to Europe in 1947?

• Europe must repay the aid within ten years.

• European countries must work together.

• European countries must join the United Nations.

• Europe must adopt a democratic government.

Which country opposed the Marshall Plan during the Paris meeting?

• Italy

• Soviet Union

• Great Britain

• France

What was the purpose of the Organization for European Economic Cooperation (OEEC)?

• To promote cultural exchange among European countries.

• To establish a European military alliance.

• To review and clear each nation's financial aid requirements.

• To create a single European currency.

Which country requested financial assistance to rebuild its merchant marine?

• Ireland

• Turkey

• Norway

• Italy

What did Italy request under the Marshall Plan?

• Funds for industrial projects

• Money and machinery to restore industries

• Assistance in rebuilding the merchant marine

• Fodder for livestock