Marshall Plan - Wikipedia
WEBThe labeling used on aid packages created and sent under the Marshall Plan. General George C. Marshall, the 50th U.S. Secretary of State. The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe.
The Marshall Plan: Definition, Date & Cold War - HISTORY
WEBDec 16, 2009 · Bettmann/Getty Images. The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II. It was...
Marshall Plan | Summary & Significance | Britannica
WEBMar 28, 2024 · Marshall Plan, formally European Recovery Program (1948–51), U.S.-sponsored program advocated by Secretary of State George C. Marshall to rehabilitate the economies of 17 western and southern European countries in order to create stable conditions in which democratic institutions could survive.
Marshall Plan (1948) | National Archives
WEBOn April 3, 1948, President Truman signed the Economic Recovery Act of 1948. It became known as the Marshall Plan, named for Secretary of State George Marshall, who in 1947 proposed that the United States provide economic assistance to restore the economic infrastructure of postwar Europe.
The Marshall Plan and Postwar Economic Recovery
WEBSome in Congress argued that rather than combating communism, the Marshall Plan was “a socialist blueprint” itself, threatening to waste money on other nations rather than build up the United States’ own defenses. The cost of supporting Europe would also come at the price of inflation and higher taxes.
The Marshall Plan and the Cold War | Harry S. Truman
WEBDue to the slow progress of Europe’s economic development following WWII, Truman devised another plan to offer aid called the Marshall Plan. The plan was named after Secretary of State George Marshall due to Truman’s respect for his military achievements.
The Marshall Plan | Hoover Institution The Marshall Plan
WEBOct 30, 1997 · The Marshall Plan formed the greatest voluntary transfer of resources from one country to another known to history. Technically known as the European Recovery Program, the plan was passed by the U.S. Congress with a decisive majority and was signed by President Truman on April 3, 1948--just …
The Marshall Plan | National Archives
WEBMar 9, 2017 · Credited with preventing famine and political chaos, the plan later earned General Marshall a Nobel Peace Prize. Shown here are the first and last pages of the resulting law, most commonly known as the Marshall Plan.
Marshall Plan summary | Britannica
WEBMarshall Plan, (1948–51)U.S.-sponsored program to provide economic aid to European countries after World War II. The idea of a European self-help plan financed by the U.S. was proposed by George Marshall in 1947 and was authorized by Congress as the European Recovery Program.
The Marshall Plan - Alpha History
WEBThe Marshall Plan was another name for the European Recovery Plan (ERP). The ERP was an extensive aid program for post-war Europe, approved by Harry Truman in 1947. 2. In the four-year period between 1947 and 1951, more than $13 billion of American aid was advanced to European nations for post-war reconstruction. 3.
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