HIS339H5 Lecture Notes - Final Good, Marshall Plan
Document Summary
Allow government to work on their own. Extraordinary amount of growth in a short period of time. The marshall plan: resulted in a prosperous germany, the us aided europe in 4 billion dollars, 29 dollars per capita for germany, 104 dollars per capita for austria, the reconstruction was intensified by the immigration from the east. Paved the way for a liberal democratic economy to flourish. A surge of enterprise that happens during this time. Better strategy is to make germanise army as a part of the europe army as a whole. Currency reform was carried out in secrecy. 20,000 cases of currency arrived from the us. Jan 1, 1947- the berlin airlift: the black market was wiped out when the new currency was introduced, confidence is the currency was shown. Immediate stocking of shop windows with consumer good which had been non-existent for years. The soviets attempt to block any western influence.
