The speech made by the president before Congress in 1947 gave birth to the doctrine. The reason President Truman made the speech was because Britain had announced that they will no longer support the Greek government…
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The doctrine also promised to help Turkey and Greece economically and through military actions against the communists this after Britain announced that they would be withdrawing their support. These countries were to receive $400,000,000 aid. The doctrine contents were justified by the need to help free people in their fight against totalitarian rule which would undermine international peace, and as a result affect the state of security in the United States (Jones 36).
The National Security Council Paper NSC-68 was a top secret report meant to confront the treat the hostile design of the Soviet Union had on the USA. The report banned the regeneration of US isolationism arguing that it will result in Soviet Union supremacy of Eurasia, and leave the USA stranded on the western hemisphere, away from its allies and assets need to push away Soviet infringement. Additionally, the report ruled out a deterrent strike against the Soviet Union since it will result in tit-for-tat action that would be devastating to Western Europe. The report also paved way for possible future negotiations with the Soviet Union. In its conclusion, the paper called for massive development of both conventional and nuclear arm in order to prevent the Soviet Union. However, this could only be achieved through increased taxes as well as the reduction of expenditure. The report was widely criticized with the critics arguing that USA already had a significant military edge over the Soviet Union. However, in June 1950 the recommendations were adopted as policy (Jones 72).
When Mao took over the leadership of China in 1949, the country was witnessing a lot of problems. For instance, the country had fewer industries, unemployment levels were high, food shortages coupled with increased population. In 1949, 85 percent of chinas population were peasants. Mao
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The end of the Second World War brought about a variety of global changes, from the political, to the economic, the social, and the cultural. These changes helped the global recovery of many countries which were damaged by the war.
The World War of 1945 proved to be a massive disaster for world’s economy with its most effects on the European countries and Japan. These two countries were considered to be the greatest raw material suppliers throughout the world which significantly fell down in the war years.
World Economy Since 1945.The concept of neo liberalism has dominated the sphere of economic policymaking in the Western world. Both the United States and the United Kingdom has strictly adhered to the school of neo liberals since the past four decades. Neo liberalism finds strong advocates in all over Western Europe.
This is evident in the aftermath , between the years 1865 to 1945, to be precise.One of the biggest events that occurred during this period and that had a huge impact on the economy of the nation, and subsequently the world, was the Second Industrial Revolution.
econd World War (WWII), the world has undergone a number of high density events, which has had major impacts on the world economy and therefore major changes in International trade and the businesses have taken place. Along with these changes, there have also been some major
Evolution in the way information is collected and stored has rapidly changed in Europeans countries such as France after the Second World War in 1945. Historians in France used methods such as the use of diaries and