Post War Economic Recovery in Europe

Post War Economic Recovery in Europe -...

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Post War Economic Recovery in Europe 31/03/2011 14:31:00 Public officials desperately attempted to consolidate the budget and to shift  workers between the public and private sectors without aggravating unemployment and  provoking large-scale migration (3) Countries had to walk a delicate line between trying to rebuild their economics  without being too radical, or fundamentally shifting their country’s  demographics or its citizens daily life By 1947, the major economies were suffering open and repressed inflation,  disruptive food and raw material shortages, and binding foreign exchange constraint. (3) European economies were hit hard both domestically and internationally Yet by 1948 recovery and adjustment had miraculously resumed. For the next  four years the Western European economy expanded at a rate of more than 10 percent  per annum.  By 1951 production was fully 55 percent above levels reached four years 
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This note was uploaded on 05/25/2011 for the course HISTORY 136 taught by Professor Schultheiss during the Spring '11 term at GWU.

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Post War Economic Recovery in Europe -...

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