Industry and Business 20th Century by David Colbert

The blog post that caught my attention was David Colbert’s Industry and Business of the 20^th century. Essentially it was David’s presentation that really made me interested in it because she seemed to be very knowledgeable about his topic. In my opinion, when a presenter knows what he or she is talking about it makes it a lot easier for the audience to learn about the thing that they are presenting. To be honest, I find business and industry to be a little boring but I paid attention and was actually interested in it by the way that it was presented to me. The overall presentation was done really well and David definitely knew what he was talking about.

The topic that I would like to expand on from the presentation is the Marshall Plan and what affect it had on Germany. The marshal Plan was aide program set in place to help rebuild European economies after World War ll. It is also said that the plan was put in place to prevent communist expansionism throughout Europe. Under the Marshall Plan West German manufacturing recovered and many other European nations became stable after the economic crisis. The Marshall Plan is credited with opening up Europe to the free-market. Germany of course had a lot more to go through after the Marshall Plan was put in place but it is said that the plan got the ball rolling towards reconstruction. Productivity skyrocketed with the plan and Germany, along with the other European countries all benefited.

Sources:

http://en.wikipedia.org/wiki/Marshall_Plan#German_level_of_industry_restrictions

http://eh.net/encyclopedia/article/Ritschl.Marshall.Plan