Western Europe recovered economically in the postwar era primarily through the implementation of the Marshall Plan, which provided significant financial aid from the United States to rebuild war-torn economies. This support helped to restore infrastructure, stabilize currencies, and stimulate industrial production. Additionally, European countries fostered cooperation through initiatives like the European Coal and Steel Community, laying the groundwork for greater integration. The combination of external aid and internal collaboration facilitated rapid growth, leading to the economic boom of the 1950s and 1960s.
Europe!
Marshall Plan
Jerusalem.
Switzerland
The trade development of West Europe and Japan in the postwar decades were the flexible labor force. They got more inventory to trade.
It was VERY important
It was VERY important
It was VERY important
It was VERY important
It was VERY important
It was VERY important
Germany dominates Europe demographically and economically. It has the world's fourth-largest economy by nominal GDP and the fifth-largest by purchasing power parity.