Consequences of Marshall plan;
By 1952, economies of Western Europe’s were prospering & spread of communism (in Europe) halted
Signalled end of grand alliance
-> USA direct opposition to USSR
Aid was offered to countries in Eastern Europe
-> stalin would not allow thorough review of their finances (east countries didn’t benefit from Marshall plan)
1949, Soviet set up comecon -> provide economic aid to Eastern Europe
Stalin saw marshal aid as a way of establishing American economic empire in Europe -> dollar imperialism