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.
Related events
1948Middle EastPolitics
State of Israel declared
May 14, 1948Modern Era
1948South AsiaPolitics
Gandhi assassinated
January 30, 1948Modern Era
1948AfricaPolitics
Apartheid formalized in South Africa
May 26, 1948Modern Era
1948EuropePolitics
Berlin Airlift begins
June 24, 1948Modern Era
1948EuropePolitics
Universal Declaration of Human Rights
December 10, 1948Modern Era
1948North AmericaPolitics
Truman beats Dewey
November 2, 1948Modern Era