Answer:
both countries suffered a high unemployment rate of at least 10%
The European Recovery Program (ERP), popularly known as The Marshall Plan, in honor of the Secretary of State of the United States, George Marshall (the main man behind its design), was an economic recovery program organized by the United States for the reconstruction of the European countries after the Second World War. The Marshall Plan was born with the intention of helping in the reconstruction of Western Europe after the Second Great War. It was Europe, and not in the United States (except the Pearl Harbor incident), which had to bear the weight of the Nazi conquest attempt in its territory. As a result of the conflict, it had been ruined, while
The Marshall Plan was in itself a powerful feedback effect for the American economy's feedback. Why? Well, the reason is found in the American capitalist economic system itself, based on the unchangeable forces of supply and demand. In addition, USA had been configured as the banker of Europe.
For these reasons, the Marshall Plan was of vital importance for the European economic recovery, but at the same time, the help provided by Truman managed to maintain the North American hegemony during the last years, the record of the United States and the great power that is today.
Virginia Plan--3. Called for bicameral legislature; 5. Called for proportional representation; 6. Was supported by larger states
New Jersey Plan--1. Called for equal representation; 2. Was supported by smaller states; 4. Called for a unicameral legislature
The Virginia and New Jersey Plans were proposals of how to handle the issue of a federal legislature and how representation would be determined for the legislature. The Virginia Plan called for two houses: an upper and lower and representation based on population. This plan would best serve the states with larger populations because they would have more say in the government. However, this plan would shut out the voices of smaller states. The New Jersey Plan suggested a one house legislature with each state having equal representation. Essentially they wanted to keep the same system created under the Articles of Confederation. This would give all states a say but not all voices would be counted. Ultimately, the Connecticut Compromise or Great Compromise settled the issue by creating a bi-cameral or two house legislature with one house having equal representation and the other house having representation based on population.
