1948 ⟶ Marshall Plan Officially Begins

April 3: The Marshall Plan, an American initiative for forei...
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Year
1870
1948
1949
1960
2002

📉 The Long Depression Begins

1870–1890: Long Depression in Western Europe and North America.⟶
The Long Depression Begins (1870)
DepressionEconomic CrisisGlobal EconomyIndustrial RevolutionCapitalismTradeRecession
United StatesUnited StatesUnited KingdomUnited KingdomGermanyGermanyFranceFranceCanadaCanadaItalyItalyAustria-HungaryAustria-Hungary

💰 Marshall Plan Officially Begins

April 3: The Marshall Plan, an American initiative for foreign aid of $13 billion to 16 Western European countries, comes into effect.⟶
Marshall Plan Officially Begins (1948)
Cold WarPost-World War IIReconstructionForeign PolicyContainmentCapitalism
United StatesUnited StatesAustriaAustriaBelgiumBelgiumDenmarkDenmarkFranceFranceGermanyGermanyGreeceGreeceIcelandIcelandIrelandIrelandItalyItalyLuxembourgLuxembourgNetherlandsNetherlandsNorwayNorwaySwedenSwedenSwitzerlandSwitzerlandTurkeyTurkeyUnited KingdomUnited Kingdom

🤝 OECD Founded to Promote Economic Cooperation

April 16: The Organisation for Economic Co-operation and Development (OECD) founded.⟶
OECD Founded to Promote Economic Cooperation (1948)
Economic CooperationPost-War ReconstructionInternational OrganizationsGlobal EconomyTradeDevelopmentCold WarWestern Bloc
United StatesUnited StatesCanadaCanadaUnited KingdomUnited KingdomFranceFranceGermanyGermanyItalyItalyNetherlandsNetherlandsBelgiumBelgiumLuxembourgLuxembourgSwitzerlandSwitzerlandSwedenSwedenNorwayNorwayDenmarkDenmarkAustriaAustriaIrelandIrelandGreeceGreeceTurkeyTurkeyIcelandIceland

🛡️ North Atlantic Treaty Organization Founded

April 4: The Creation of NATO.⟶
North Atlantic Treaty Organization Founded (1949)
Cold WarMilitary AllianceGeopoliticsWestern BlocSoviet UnionContainmentInternational Relations
United StatesUnited StatesCanadaCanadaUnited KingdomUnited KingdomFranceFranceBelgiumBelgiumNetherlandsNetherlandsLuxembourgLuxembourgDenmarkDenmarkNorwayNorwayIcelandIcelandItalyItalyPortugalPortugal

🤝 European Free Trade Association Established

European Free Trade Association formed.⟶
European Free Trade Association Established (1960)
TradeEconomic IntegrationCold WarFree TradeInternational RelationsPost-WarRegionalism
AustriaAustriaDenmarkDenmarkNorwayNorwayPortugalPortugalSwedenSwedenSwitzerlandSwitzerlandUnited KingdomUnited Kingdom

💶 Euro Currency Officially Enters Circulation

January 1: The Euro enters circulation.⟶
Euro Currency Officially Enters Circulation (2002)
European UnionCurrencyEconomic IntegrationMonetary PolicyGlobalizationEurozoneFinanceTrade
AustriaAustriaBelgiumBelgiumFinlandFinlandFranceFranceGermanyGermanyGreeceGreeceIrelandIrelandItalyItalyLuxembourgLuxembourgNetherlandsNetherlandsPortugalPortugalSpainSpain