Marshall Plan signed
April 3, 1948
The United States committed thirteen billion dollars to rebuild war-shattered Western Europe, with strings attached: no communists in government, open markets for American goods. The money rebuilt ports, factories, railways, and shattered economies across sixteen nations, and made Europeans firmly pro-American for a generation. Stalin forbade his satellites to take a cent, deepening the continent's Cold War divide.
In context
Also in 1948 (6 other events on record)
- State of Israel declared · Middle East · Politics
- Gandhi assassinated · South Asia · Politics
- Apartheid formalized in South Africa · Africa · Politics
- Berlin Airlift begins · Europe · Politics
- Universal Declaration of Human Rights · Europe · Politics
- Truman beats Dewey · North America · Politics
Before and after in Europe
Before and after in Politics
Era
Modern Era (1901–2000), one of 590 events from that era on Saeculum.
Sources