Practicing Success

Target Exam

CUET

Subject

Political Science

Chapter

Contemporary World Politics: Contemporary Centres of power

Question:
Which organisation was established under the 'Marshall Plan'?
Options:
European Union
European Economic Community
The Council of Europe
Organisation for European Economic Co-operation
Correct Answer:
Organisation for European Economic Co-operation
Explanation:
European integration after 1945 was aided by the Cold War. America extended massive financial help for reviving Europe’s economy under what was called the ‘Marshall Plan’. The US also created a new collective security structure under NATO. Under the Marshall Plan, the Organisation for European Economic Cooperation (OEEC) was established in 1948 to channel aid to the west European states.