Cold War: Rivalry between the US
and the Soviet Union
In 1948 the
Soviets had established socialist governments in the countries of eastern Europe
that had been liberated from the Nazis by the Soviet Army. Truman, the
president of USA, pursued Truman a policy of containment of communism.
Soviets were however determined not only to maintain control of eastern Europe,
but also keen on spreading Communism world-wide.
Cold War: The rivalry that developed after World War II between the US and the USSR and their respective
allies created tension which is referred to as Cold War. They did not take
recourse to weapons. Instead they waged war on political, economic and
conceived the Marshall Plan to bring the countries in western Europe under its
influence. The plan sought to help the countries of Europe with American
dollars to facilitate their early recovery from the destruction caused by the
Second World War.
The United States was much concerned that poverty, unemployment,
and dislocation caused by the post-World War II period were increasing the
appeal of communist parties in western Europe. The Secretary of State, George
C. Marshall, advanced the idea of a European self-help programme to be financed
by the United States. Sixteen nations, became part of this programme.
Administrative and technical assistance was offered through the Economic
Cooperation Administration (ECA) of the United States. Marshall Plan funding
ended in 1951.