Secretary of State Marshall suggested his plan to help rebuild European economies after World War as a way of staving off political instability and poverty conditions, which would become breeding grounds for governments that would go against freedom.
Explanation/context:
The "Marshall Plan" was named after the man who then was US Secretary of State, George C. Marshall. Officially the plan was called the European Recovery Program. Marshall announced the plan in 1947, and it went into effect in 1948. The intent was to provide aid and rebuilding to European economies after the damaging effects of World War II.
In his speech introducing the plan, Secretary Marshall presented the plan as aid for any and all nations, saying : "Our policy is not directed against any country, but against hunger, poverty, desperation and chaos. Any government that is willing to assist in recovery will find full co-operation on the part of the United States. Its purpose should be the revival of a working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist." <em>[I provided more context for the quote you had shown, to see more of his intent in the remarks.]</em>
The view in the communist-controlled Eastern bloc was that the US was trying to use such a policy to spread its influence and threaten their patterns of government under communism. So the plan ended up building allies for the US in Western Europe, while the Eastern European countries sided with the Soviet Union. So it was an example of Cold War tactics of competition between the US and the USSR, apart from the use of military force.
The annexation of Texas, a slave state, raised a lot of tension because it ruined the balance of power between the North free states and the South slave states.
Answer:
The Federal Reserve controls inflation by managing credit, the largest component of the money supply. ... The Fed moderates long-term interest rates through open market operations and the fed funds rate. When there is no risk of inflation, the Fed makes credit cheap by lowering interest rates.
The Answer is B. stocks
Explanation:
Answer: Mongol leader Genghis Khan (1162-1227) rose from humble beginnings to establish the largest land empire in history. After uniting the nomadic tribes of the Mongolian plateau, he conquered huge chunks of central Asia and China.
Explanation:
The answer would be C, the eighth Amendment. It states that "Excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted."
