USA HISTORY

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AMERICAN IMPERIALISM 1890 1919

THE UNITED STATES IN WORLD WAR I

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
George Marshall gave a speech at Harvard University in 1947 telling the audience that Europe will require 3 or 4 years of foreign food and other products from America or they will face economic, social and political deterioration. Which statement best describes the primary goal of the Marshall Plan?
A
providing a safety net by creating social programs in Europe
B
allowing U.S. corporations to benefit from foreign investments
C
limiting communist expansion by assisting reconstruction in Europe
D
enabling U.S. farmers to increase exports by increasing crop yields
Explanation: 

Detailed explanation-1: -Our policy is directed not against any country or doctrine but against hunger, poverty, desperation and chaos. Its purpose should be the revival of a working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist.

Detailed explanation-2: -On 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.

Detailed explanation-3: -President Harry Truman signed the Marshall Plan on April 3, 1948, and aid was distributed to 16 European nations, including Britain, France, Belgium, the Netherlands, West Germany and Norway.

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