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Why did Western European economies grow faster than Eastern European economies after World War 2?
There were several reasons. Central planning under communism, especially as dictated by Moscow, was less efficient than capitalism at overcoming the damage left by the war and restoring growth. The USSR did not provide sufficient funding to their satellite nations. Under pressure from Stalin, Eastern European countries refused aid from the United States under the Marshall Plan.
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Why did western European economies grow faster than eastern European economies grow faster after world war 2?
Under pressure from Stalin, Eastern European countries refused aid from the United States.
Is Korea the fastest growing economies?
Korea is the fastest growing economies because of the good produces they use to help the plants to grow faster.
What is the difference between increasing returns to scale and economies of scale in terms of their impact on production efficiency and cost savings?
Increasing returns to scale refer to a situation where a company's output increases at a faster rate than its inputs, leading to lower average costs and higher efficiency. Economies of scale, on the other hand, occur when a company's average costs decrease as it produces more units. Both concepts result in cost savings and improved production efficiency, but increasing returns to scale focus on the relationship between output and inputs, while economies of scale focus on the relationship between production volume and costs.
Growing importance of trade in world economy?
As transportation of commodities is made more efficient, communication among different countries is made faster and more effective, global trade is becoming increasingly important to the economies of individual nations. The greatest example of this is the cell phone industries global reach. The manufacturing, selling, and buying of cell phones involves many different countries and international companies.
What is an increase in productivity?
An increase in productivity is when a person does something at a faster pace, and they get more done the faster they go.
Why did western European economies grow faster than eastern European economies grow faster after world war 2?
Under pressure from Stalin, Eastern European countries refused aid from the United States.
Why did westeren European economies grow faster than eastern European economies after ww2?
Western European economies grew faster than Eastern European economies after World War II primarily due to differing economic systems and policies. Western Europe embraced capitalist market economies, benefiting from the Marshall Plan, which provided substantial financial aid for reconstruction and development. In contrast, Eastern Europe was dominated by Soviet-style command economies, which often stifled innovation and productivity. Additionally, political instability and repression in Eastern Europe hindered economic growth and integration with global markets.
Why did western European economies sgrow faster than eastern European economies after ww2?
After World War II, Western European economies grew faster than their Eastern counterparts primarily due to differing political and economic systems. Western Europe adopted capitalist frameworks, receiving substantial aid through the Marshall Plan, which facilitated reconstruction and modernization. In contrast, Eastern European countries were under Soviet influence, implementing centrally planned economies that stifled innovation and efficiency. Additionally, Western nations benefited from greater political stability, stronger institutions, and integration into global markets.
Why did western Europe economies grow faster then eastern Europe economies after World War 2?
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.
Why did the Europeans economies grow faster from economic grow faster then eastern Europe in World War 2?
During World War II, Western European economies benefited from greater industrial capacity, access to resources, and the support of the Marshall Plan, which facilitated reconstruction and economic recovery after the war. In contrast, Eastern European economies were often under Soviet control, facing economic mismanagement, central planning inefficiencies, and limited access to Western markets. Additionally, the devastation of war and the imposition of communist regimes hindered growth in Eastern Europe. Consequently, the divergent political and economic systems led to faster recovery and growth in Western Europe compared to their Eastern counterparts.
Why did western European grow faster than eastern European economies after world war 2?
There were several reasons. Central planning under communism, especially as dictated by Moscow, was less efficient than capitalism at overcoming the damage left by the war and restoring growth. The USSR did not provide sufficient funding to their satellite nations. Under pressure from Stalin, Eastern European countries refused aid from the United States under the Marshall Plan.
Why did western europeans colonies grow faster than eastern European colonies after world war 2?
The Marshall Plan helped the West recover faster. under pressure from stalin, eastern Europe countries refused aid from the united states
Why did western European economies grow faster than eastern European economies after World War II?
The Marshall Plan helped the West recover faster. under pressure from stalin, eastern europe countries refused aid from the united states
Why did Eastern European economies grow faster than European economies after World War 2?
There were several reasons. Central planning under communism, especially as dictated by Moscow, was less efficient than capitalism at overcoming the damage left by the war and restoring growth. The USSR did not provide sufficient funding to their satellite nations. Under pressure from Stalin, Eastern European countries refused aid from the United States under the Marshall Plan.
Why did Western European colonies grow faster than Eastern European colonies after world war 2?
Colonization had stopped by the 1940's for all sides. Some countries still held onto colonies, but did not colonize new places.
In what ways are eastern Europe and northern Europe different?
- Western Europe is majority Catholic while Eastern Europe is majority Orthodox - Western Europe is more technologically advanced than Eastern Europe - Western Europe is more economically advanced than Eastern Europe - Western Europe has fewer countries than Eastern Europe - Western Europe is smaller in area than Eastern Europe - Western Europe is more populated than Eastern Europe - Western Europe is more densely populated than Eastern Europe - Western Europe has more countries in the European Union than Eastern Europe - Western Europe has more countries in NATO than Eastern Europe
What is the enemy of the eastern water dragon?
The western fire monger. A very large and rare dragon that spits nearly supernova heat fire from its thought. this dragon is nearly twice the size of the eastern water dragon, but faster.
