HIST 1084 Lecture Notes - Lecture 18: International Monetary Fund, Marshall Plan, Yalta Conference

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19 Apr 2017
Department
Course
Professor
The Cold War Begins
Yalta Conference
Potsdam Conference
Marshall Plan
Truman Doctrine
Mao Zedong
McCarthyism
1949
Berlin Wall
Dropping the Atomic Bomb on Japan
Manhattan project
Uranium, Plutonium devices
Hiroshima , August 1945: 30,000+ killed immediately
Japan surrenders August 15
New World Order
Japan and Germany defeated
US and USSR undisputed Superpowers
UK and France second tier powers
Key assets: US nuclear bomb and Soviets in Berlin
Yalta and Potsdam Conferences
Stalin given a “buffer zone” in Eastern Europe
Germany divided into 4 blocks---no one occupier. Berlin divided as well
Agree to establish the United Nations
Permanent members of UN Security Council have veto power (US, GB, France, USSR,
China)
The Iron Curtain
Divided Europe
Political, ideological, and military barrier between East and West
New World Order
Sir Winston Churchill
Truman Doctrine (1947) and Policy of Containment
“The peoples of the world look to us for support in maintaining their freedom. If we falter
in our leadership, we may endanger the peace of the worldand we shall surely
endanger the welfare of this nation.”
The U.S. gave Greece & Turkey $400 million in aid.
“Containment” policy
Marshall Plan
1948
European Recovery Program
Secretary of State, George Marshall
The US should provide aid to all European nations that need it. This move is not against
any country or doctrine, but against hunger, poverty, desperation and chaos
$12.5 billion of US aid to Western Europe should be extended to Eastern Europe and
USSR (rejected)
New Global Structure
Bretton Woods System 1945
International money fund
World Bank created
Stabilized world currencies
Facilitate trade and prevent defaults
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