Light

Molotov Plan

Definition

The Molotov Plan was an economic aid program initiated by the Soviet Union in 1947 for its satellite nations in Eastern Europe after World War II, similar to the Marshall Plan offered by the United States to Western Europe.

Analogy

Think of it as a parent (Soviet Union) giving their kids (satellite nations) allowances so they can buy what they need but with certain conditions that benefit the parent.

Related terms

Marshall Plan: An American initiative passed in 1948 for foreign aid to Western Europe. Like a rich uncle helping his struggling nephews get back on their feet after a disaster.

Comecon: The Council for Mutual Economic Assistance was an economic organization from 1949 to 1991 under Soviet control that included various countries around the world. Imagine it as a club where members share resources and help each other out economically.

Cold War Propaganda: Information used by governments during Cold War era to shape public opinion and behavior towards political issues. It's like advertising campaigns trying to convince you that their product (ideology) is better than others.