Title: The U.S. Economy Growth after World War II Essay Sample | EssaysLeader
Headings: The U.S. Economy Growth after World War II
The U.S. Economy Growth after World War II
The U.S. Economy Growth after World War II
The Marshall Plan
The Korean War
Eisenhower Administration
Scientific and Technical Progress
Kennedy Administration
Conclusion

Content: supply some scarce goods and raw materials to the United States; promote private capital investment of the USA in the economies of their countries and reduce customs duties. In addition, these countries had to direct the funds that had not been used as a result of the US assistance to a special fund, the costs of which were controlled by the United States. Half of the goods supplied under the Marshall Plan had been delivered on the U.S. ships. The Marshall Plan, in addition to the task of rebuilding the economy of European countries, was designed to improve the American economy and strengthen the U.S. position in Western Europe. Implementation of the plan allowed solving some of the economic problems of the United States. The provision of food and technologies to European countries allowed the United States to sell surplus products and increase the share of American capital in European countries. Approximately one third of the assistance funds were spent on the purchase of American agricultural products’ surplus. European markets guaranteed the safety of investments in U.S. companies, and the adequate compensation was provided in case of forfeiture. Proceeds from the sale of U.S. goods and services received under the Marshall Plan were credited to a special account in the name of American administration in the banks of the country and could be used only for the purchase of the U.S. goods.