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What affect did the Cold War affect the economic life in Europe?
The Cold War significantly impacted Europe's economic life by creating a division between Eastern and Western blocs. Western European countries, under U.S. influence, benefited from the Marshall Plan, which stimulated economic recovery and integration, leading to the formation of the European Economic Community. Conversely, Eastern Europe experienced centralized economic planning and limited trade with the West, leading to stagnation and inefficiencies. This geopolitical rivalry shaped trade patterns, investment flows, and economic policies across the continent.
What directly led to expansion and new economic activity in Western Europe from the eleventh to the fourteenth century?
D. Competition among rival states
What are Europe's economic systems?
Capitalists economic system
How was trade important to the economic development of western Europe the united States and japan during the postwar decades?
The trade development of West Europe and Japan in the postwar decades were the flexible labor force. They got more inventory to trade.
How is the concept of mercantilism best illustrated?
Between 1600 and 1800 most of the states of Western Europe were heavily influenced by a policy usually known as mercantilism. This was essentially an effort to achieve economic unity and political control.
What agency helped spur economic growth across Western Europe by eliminating some kinds of tariffs?
European Coal and Steel Community
Which was not a goal of the Marshall Plan?
restore Western Europe's economic health. help Western Europe regain economic stability.
Did the European Union promote economic growth in Western Europe?
Yes
What were the political and economic transformation of western Europe after the decline of rome?
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What was the one goal of the Marshall Plan?
help western Europe regain economic stability To improve European economy. restore Western Europe's economic health. help Europe recover from the ravages of war to prevent the spread of communism in western Europe
What did the the Commercial Revolution in western Europe lead to?
economic fervor
What was dominant economic philosophy in western Europe during the seventeenth century?
mercantilism
The economic of western europe recovered quickly ww2 in part because of?
The Marshall Plan was the main plan of the United States to help Europe's economic recovery after World War II.
How was the US different from Europe in regard to tariffs?
The US was all open trade while Europe was divided into states, each with its own tariffs.
How was the us different from Europe regard to tariffs?
The US was all open trade while Europe was divided into states, each with its own tariffs.
How was the US different from Europe in regard tariffs?
The US was all open trade while Europe was divided into states, each with its own tariffs.
Was formed to unify western Europe and increase its economic strength?
The European Economic Community, which was founded in 1957 and is now known as the European Union.
