1. Cold War Europe - Integration By Threat?
... European economy boomed in the immediate months following the end of the Second World War because stocks of goods needed to be replenished after the conflict but this boom turned into bust as countries overspent what little money they had. The USA was so productive by this time that its ... stocking was complete. Milward rightly asserts that these economists were working from First World War figures and the Second World War was a much more costly conflict. He states that the investment carried on well into 1948 and growth continued until 1967. It can be argued therefore that the Western ...
- Word Count: 2247
- Approx Pages: 9
- Grade Level: Undergraduate