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Under pressure from Stalin, Eastern European countries refused aid from the United States.
Answer this question…Governments were forced to pay for food and shelter for poor refugees in their countries.
African goods were subject to falling prices on the world market.-----nova net biatch.
Because national economies around the world are interdependent, a recession in one can cause a chain reaction of recessions or contractions in the rest of the world's national economies. This is why the Great Recession in the United States (2008-2010) led to the Euro Crisis (2010-2012, probably further). The converse is also true - a recovery in one economy can bolster and support national economies around the world; this is also happening as the United States and China got their feet back underneath them, the economies of Australia and several European countries also stabilized.
Economic philosophies such as capitalism and communism have been developed.
The Eastern European Nations were controlled by the Soviet Union, a communist government, and they did not have self-rule nor could they have free trade with the rest of the world as the Western European nations did. The USSR also refused help from the democratic western nations so they did not have all that help to fix up and grow the economies of the Eastern Nations.
The Marshall Plan allowed European countries to rebuild quickly, economies recovered due to American financial aid.
Under pressure from Stalin, Eastern European countries refused aid from the United States.
The industrial revolution had European economies become wealthy than other regions of the world, thereby providing the needed capital for investment in new technologies.
One of the ways that the European Nations were able to rebuild economies devastated by World War I was by using the funds required to be paid by the Germans in the Treaty of Versailles.
The economies of Western Euopean recovered quickly after World War 2 in part because of aid from the Marshall Plan.
Did the colonies of the New World affect the economies of Southwest Asia
ERP or the Marshall Plan .
The Marshall Plan was important because it helped with the recover and rebuild of Europe after World War 2. The plan allowed for the US to give $13 billion dollars to the support the European economies.
The United States and Western European economies have become the twin engines of the world economy.
Was called the Marshall plan.
In most European countries there was so much destruction as a result of World War 2 that it's not possible to separate this out from other factors that damaged many European economies.