The Marshall Plan of 1948, which committed $4 billion at first and $13 billion by 1951, can be seen as an attempt to limit the influence of the Soviet Union in Western Europe (Goff, Et el, 2002, p. 298). This policy quickly reinvigorated the economy of Western Europe, creating new Markets for U.S. exports, ensuring effective demand...
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298). This policy quickly reinvigorated the economy of Western Europe, creating new Markets for U.S. exports, ensuring effective demand. This symbiotic relationship between the U.S.A and Western Europe was not replicated outside of the traditional core zones. The peripheral and semi-peripheral zones within the U...