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- European Recovery ProgramLearn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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 enacted in 1948 and provided more than $15 billion to help finance rebuilding efforts on the continent.www.history.com/topics/world-war-ii/marshall-plan-1Marshall 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.www.britannica.com/summary/Marshall-PlanThe 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 in time to influence the Italian election in that year.www.hoover.org/research/marshall-planThe Marshall Plan was a U.S.-sponsored program that was implemented following the end of World War II. It was intended to aid European countries that had been destroyed as a result of the war, and it was laid out by U.S. Secretary of State George Marshall during an address at Harvard University in 1947.www.investopedia.com/terms/m/marshall-plan.aspMarshall 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.www.britannica.com/facts/Marshall-Plan
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Marshall Plan - Wikipedia
The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred $13.3 billion (equivalent to $173 billion in 2023) in economic recovery programs to Western European economies after the end of … See more
The reconstruction plan, developed at a meeting of the participating European states, was drafted on June 5, 1947. It offered the same aid to the Soviet Union and See more
Slow recovery
Most of Europe's economies were recovering slowly, as unemployment and food shortages led to strikes and unrest in several nations. … See moreAfter the adjournment of the Moscow conference following six weeks of failed discussions with the Soviets regarding a potential German … See more
Congress, under the control of conservative Republicans, agreed to the program for multiple reasons. The 20-member conservative isolationist Senate wing of the party, based in the rural Midwest and led by Senator Kenneth S. Wherry See more
By the end of World War II, much of Europe was devastated. Sustained aerial bombardment during the war had badly damaged most major … See more
After Marshall's appointment in January 1947, administration officials met with Soviet Foreign Minister Vyacheslav Molotov and others to press for an economically self … See more
British Foreign Secretary Ernest Bevin heard Marshall's radio broadcast speech and immediately contacted French Foreign Minister See more
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WEBOct 30, 1997 · Learn about the history, impact, and legacy of the Marshall Plan, the U.S. initiative to aid Western Europe after World War II. Explore essays, documents, and multimedia resources from Hoover fellows and …
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WEBThe Marshall Plan stabilised the economies and political systems in several European nations bordering the Soviet sphere of influence. This reduced the likelihood of communist takeovers in these countries.
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WEBMar 9, 2017 · Learn about the U.S. proposal to rebuild Europe after World War II, which became known as the Marshall Plan. See the original law, documents and photos from the National Archives collection.
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