Question

What was marshal plan?

Answer 1

• The Marshall Plan was a U.S.-sponsored program implemented following the end of World War II, granting $13 billion in foreign aid to European countries that had been devastated physically and economically by World War II.
• U.S. Secretary of State George Marshall, who laid out the Marshall Plan, believed that the stability of European governments depended on the economic stability of the people.
• By the time the Marshall Plan ended, in 1951, all the countries who received aid saw their economies grow to better than prewar levels.
• The Soviet Union believed that the Marshall Plan was a way to meddle in the internal affairs of European countries; this belief prevented Soviet satellite countries from accepting assistance from the United States.