The United States was producing more than half of the world's total industrial output.
The Allied leader meet together where they decided to divide Germany into four occupation zones controlled by different Allied Nations. They also declared their support for self-government and free elections in Eastern Europe.
The Allied forces meet up again to finalize their postwar plans for Germany, which included the division of Berlin into occupation zones.
Communist rebels try to overtake the Greek government.
The two global wars and the destruction of economic infrastructure had weakened formerly strong countries such as Britain, France, and Germany. The U.S. and the Soviet Union stood alone in leading powers
Stalin gave a speech attacking capitalism. He declared that peace was impossible as long as capitalism existed.
The U.S. puts forth $13 billion to help rebuild Europe