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jun 1, 1947 - Marshall Plan

Description:

-this promised $17 billion to countries to help rebuild their economies- the areas of Germany and berlin under western occupation benefitted massively.
-countries receiving this aid were expected to co operate with USA to import American goods
-Stalin ordered all countries under his sphere of influence to reject this offer.
-Stalin was not happy and accused the US of "dollar imperialism" which means using financial aid to gain power and influence in Europe, and stop communism spreading.

Added to timeline:

4 May 2023
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Date:

jun 1, 1947
Now
~ 78 years ago