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.
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B. Answers the research question
A contract is an agreement, usually written out on a legal document, in which it states terms and agreements, as well as rewards that would be given at the end when the terms are met.
For example, a contract for assassination may be posted out in the black market. An assassin would then agree to take on the requirement of the contract. If it is met, the payment would be given to the assassin. If not, then the contract becomes void. This makes contracts important because the terms and everything is written down, and can be looked on for future references.
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To revive the falling economy of the Soviet Union and bring out political reforms Michael Gorbachev introduced several ideas.
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He put forward the concept of perestroika which literally meant restructure’. He intended to bring economic and political reforms within the Soviet Union. According to perestroika he loosened control over enterprises and businesses allowing businessmen and entrepreneurs more freedom to decide prices and production amount.
In 1988 Gorbachev introduced a new policy that permitted the creation of limited co-operative businesses within the union. This led to the rise of privatization in the Soviet Union. Gorbachev also relaxed trade restrictions and encouraged foreign investment. To ensure transparency within the government he called for democratic elections which was the first truly democratic elections since the Russian revolution in 1917.
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they needed more raw materials to fuel their mass production and population growth. they would exploit natural resources and fight for what they could get. if that makes any sense
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